The trend towards home offices still has to prove itself.
These days, it depends on how home work continues when employees can now go back to the office with the end of duty in July.
How many employees outside of the corona pandemic use the digital possibilities with home office and mobile working not only depends on their satisfaction or the compatibility of family and work.
For the real estate market, this means more than just a change. Real estate agents and surveys are already reporting that proximity to nature, a garden and overall more space are becoming more important when looking for an apartment. If the place of residence moves further away from work and cities with more home office and less commuting, this can alleviate urban hardships with traffic jams, tight spaces and high housing costs. More rural property prices will still depend on their infrastructure, as office workers will likely continue to look for fast internet and robust transport links.
This makes the development on the office market all the more exciting. Companies are already trying out variable offices without fixed spaces. And less rental space also saves costs. This is not the only reason why it seems unlikely that the home office and the consequences for the real estate market will disappear with the end of the pandemic.