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dollar bills folded and constructed to make little houses Researchers estimate that a 10% increase in the number of employees working from home would result in $15 billion in additional housing costs annually. (Photo: Shutterstock)

A new study looks at the impact on remote work for both workers and employers and finds that working from home may have some unanticipated costs. The National Bureau of Economic Research (NBER) researchers noted that with so many employees switching to remote work—and many of them expressing a desire to continue to work from home—experts have been debating the possible savings on office space for employers.

The changes to the workplace brought about by COVID-19 are a big topic of discussion for both workers and employers. And the forced switch to remote work has created new demand for more flexible work arrangements—nearly half of workers in one survey (48.9%) said they would prefer to work from home 1-4 days a week.

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