The hefty expenses associated with San Francisco and New York City are factors as well. According to different people, the costs price many folks out of the ability to build a comfortable lifestyle in these areas. Moreover, the surge of remote work erases the need for time-consuming commutes.
How are people working remotely?
Many giant companies and corporations began embracing programs like Zoom, Slack, Trello, etc., to allow their staffers to telework. Although, these are far from the only ways to work remotely.
Platforms like Upwork, Fiverr, Freelancer, etc., are also great for people seeking work as independent contractors. Right now, Upwork is rated as the top freelancing website in the world; furthermore, the rise of people working on Upwork (and other similar platforms) long predates coronavirus.
According to the National Bureau of Economic Research, society will adapt to telework. This bureau also predicts that various capital investments will occur to make remote work even more convenient.
