Economics

Cheaper Cities Stand to Gain in Work-From-Home Shuffle

  • Data show southern and midwest cities most affordable
  • Prices in California and New York soared over a decade
Working from home.Photographer: Chris Ratcliffe/Bloomberg
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The Covid-19 pandemic hit right as Ralph McLaughlin, chief economist for Haus Inc., was moving from Washington, D.C., to San Francisco. When his company gave employees the option to work anywhere, McLaughlin didn’t hesitate.