Real Estate European Real Estate: 3,200 Europeans on their work-from-home, housing intentions and cities
WFH is working in Sweden and Germany. Results from a UBS Evidence Lab survey show that 82% of Swedes and 71% of Germans say WFH meets their needs
Work-from-home (WFH) meets completely or well the needs of 82% of Swedes and 71% of Germans...
How do you rate your current housing conditions (i.e. access stable connection, equipment etc.) in terms of meeting your needs of WFH?
Source: UBS Evidence Lab, (SWE:> Access Dataset. GER:> Access Dataset).
3,200 residents surveyed across Germany and Sweden
We used UBS Evidence Lab data to ask 3,200 Europeans – 2,000 residents in Germany and 1,200 in Sweden about their housing intentions, plan to WFH, consume, relocate (i.e. within and away from cities)
Key takeaways...
The survey is wide-ranging with answers to 108 questions. For German and Swedish real estate, we note three trends.
- "WFH works": for 82% of Swedes and 71% of Germans, WFH meets their needs completely or well, and they are likely to WFH more.
- Will WFH then lead to reverse urbanisation? We find no such evidence: a stable 6% of Berliners are very likely to move out of Berlin (12m ago: 6%), 4% of Stockholm residents (12m ago: 6%).
- Economy: a record-high net 26% of respondents have seen an impact on their income....
