Zillow CEO Rich Barton said on the company’s second-quarter 2020 earnings conference call this week that the US real estate market has begun to show signs of a "great reshuffling" because more people want to move to homes with more privacy and space. Convenient to work at home. Compared with before the epidemic, the vast majority of people now spend an average of 9 hours at home every day, the demand for home offices has become very large, and the backyard is more popular than parks and gyms.
He also added that as some employers may not let employees return to the office before the coronavirus vaccine is released, working from home may continue for several months. Millions of people are considering moving for many reasons, most of which are to properly adjust the size of their housing or to be closer to their families. On the other hand, the epidemic has also accelerated people's fleeing from expensive big cities in the U.S..
The company may also fundamentally change everyone's work and lifestyle. For example, Twitter and Atlassian both stated that employees can work from home indefinitely. Zillow will also provide its employees with the option of remote work indefinitely. source