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【World Property Journal】Living Anywhere: COVID Changing the Way We Think About Real Estate

【World Property Journal】Living Anywhere: COVID Changing the Way We Think About Real Estate

焦點新聞
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市場趨勢
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美洲
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The coronavirus accelerated a "work from anywhere" revolution faster than anyone anticipated. This has significant implications for the real estate market. Employers and workers are embracing the freedom of where to live and work; and if that trend holds, a shift in real estate demand will occur on a global scale.

Investors sense an opportunity to buy/relocate in areas away from the urban office. With millions of workers now given the choice of where to live - the migration trends will be towards lower cost, safer and potentially more exotic, lifestyle-rich communities. As the tide shifts from expensive, dense urban cores, a flood of capital is expected to wash over places that were already garnering visits from digital nomads and the like. 

The remote work revolution has already transformed the way we think about real estate and the possibilities for living: the telecommuting workforce has grown by 140% since 2005, nearly 10x faster than the rest of the workforce. However, the worldwide pandemic has hyper-accelerated everything. A spike in demand in less-urban, lower cost, amenity-rich locations both home and abroad will continue to accelerate.

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