Nearly Half of Urban Residents Have ‘Reverse Commute’ - Real Estate, Updates, News & Tips

Nearly Half of Urban Residents Have ‘Reverse Commute’

Reverse commutes—where residents travel from the city to the suburbs for work—are becoming more common across the country. An average of 46 percent of employees living in major cities have reverse commutes, according to a new report called “Ambitious Thinking: Smart Cities,” released by commercial real estate firm JLL. More than 4.8 million people in the 25 largest metro areas in the U.S. have reverse commutes, up 11.6 percent since 2011. “Many consecutive decades of suburban growth mean that the majority of office-occupying jobs in major regions are located outside the major cities, even in markets with competitive tax environments and extensive infrastructure,” the report notes.
JLL, "Ambitious Thinking: Smart Cities, Part 1" Visit source link at the end of the article for full text.

JLL, "Ambitious Thinking: Smart Cities, Part 1"

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