How Remote Work Will Transform Real Estate and the Economy

Apr 6, 2022

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In this episode of the Top of Mind podcast, Mike Simonsen sits down with Adam Ozimek, Chief Economist at the Economic Innovation Group, to talk about remote work and the future of the US economy. Adam believes remote work is not just a pandemic phenomenon, but rather a transformative economic trend with far-reaching impact, similar to how the computer revolutionized every aspect of our lives.

About Adam Ozimek

Adam Ozimek is the Chief Economist at the Economic Innovation Group and is an expert in the functioning of labor markets. His research covers a broad array of economics fields, including demographics, monetary policy, and immigration. He was most recently the Chief Economist at Upwork, where he led research on labor market trends. Previously, he was a Senior Economist at Moody’s Analytics where he managed US demographics forecasts and research.

Here’s a glimpse of what you’ll learn:

Why remote work is only just beginning and could reach 50 million workers in the coming years
How remote work is a general-purpose technology, like the computer, that will impact all levels of the economy and society
Which real estate markets are likely to grow or shrink as a result of remote work
What needs to change to address our starter home shortage
What the “Heartland Visa” is and why it’s important
Why increasing high skilled immigration is so important for a dynamic economy
Why Adam Ozimek is hopeful for the economy and our ability to avoid recession and get past inflation and back to full employment

Featuring Mike Simonsen, CEO of Altos Research

A true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets.

Resources mentioned in this episode:

https://twitter.com/altosresearch

https://twitter.com/mikesimonsen

See you next week!

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