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

Workplace Insight

Most digital nomads were travelling and working illegally on tourist visas. million, a staggering increase of 131 percent from the pre-pandemic year of 2019. million in 2019 to 11.1 On a visit to Chiang Mai in 2019, I booked an Airbnb. It was a niche phenomenon. Three years into the pandemic, however, I am no longer sure.

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

Allwork

And I also played a lot of live stops, traveling to places like Europe and the World Series of Poker in Vegas. So I think that that is going to become big and if that becomes big, the nature of how real estate is offered has a long way to go because I think it needs to look more like a retail consumer purchase than it does right now.

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