Property Update
CHANGING CLIMATES
Robert Bijker, managing director of Yellow Homes - Land & Houses Algarve, discusses the current situation in the property market
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orking from home either part-time or fulltime has never been as popular with both employees and employers. It took a pandemic to accelerate a trend that started some years ago and looks like it is here to stay. Both seem to like it for different reasons. Companies are quick to realize that they can do with less and often expensive office space in city centres leading to significant cost savings without causing a fall in productivity while employees appreciate
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the flexibility that working from home offers. Although working from home may increase the cost of the monthly utility bills, it is likely to be offset by the cost saving of not having to commute to the workplace. Not many people live near their workplace and thus do not have the opportunity to walk or cycle to work. Most need public transportation or the subway. We all know that the air quality in the subways has always been poor even before the pandemic. Many people avoid to travel on the Covid-19 petri dish that is the London Underground so when offered the alternative of working from home it is welcomed. I’m sure that it
September 2020
