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Digital nomads are starting to price out local communities around the world

Workplace Insight

million, a staggering increase of 131 percent from the pre-pandemic year of 2019. Through interviews and ethnographic fieldwork, I have found that the rise of professional short-term-let landlords, in particular, is helping to price local people out of their homes. million in 2019 to 11.1 million in 2022. What can you do?”

2019 98
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Rent vs. Buy: What’s the Right Decision for You?

Success

The shift from renting to purchasing a home typically occurs in someone’s early 30s, according to Palim. “As Those wealthier households drove 70% of total renter household growth between 2009 and 2019. One reason is the difficulty finding a home to buy because of high prices and low inventory.

2021 290
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Dave Cairns SVP of CBRE |Unlocking Urban Potential: Repurposing Office Spaces for Sustainable Development

Allwork

Although the counterpoint to that argument is that much like bustling restaurants or things of that nature, sometimes it’s actually not a bad thing for a customer to be turned away because it creates this sort of scarcity that makes them actually want to come back. Long term leased office space in the market. And it’s massive.

AT&T 147