Remote work, which expanded exponentially during the pandemic, has evolved into hybrid work, primarily the three-days-in-the-office model that has resulted in office footprints being "right-sized" into smaller spaces and office vacancy rates at record levels across the U.S.
It remains to be seen whether another pandemic-related phenomenon, remote workers migrating around the country sampling various locations during short stays, will have the same kind of staying power in the post-pandemic economy.
Numerous players, including real estate developers and start-ups, two years ago unveiled plans to develop short-stay "flex living" buildings, plans that in 2024 are coming to fruition. (You can rent them for a day or up to a year, but don't call them apartments. They offer hospitality services, but don't call them hotels.)
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