Deurbanization Rising: Covid-19, Remote Work And Electric Aviation Will Reshape Living Patterns

Between 2006 and 2019, remote work expanded 170% to the point where about 8% of people with jobs worked remotely. By August 2020, the Covid-19 pandemic helped drive that figure to 20%, according to the Federal Reserve Bank of Dallas. Global Workforce Analytics believes percentage of telecommuters will hit 25% to 30% by the end of 2021.

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Facebook, Twitter and VC firms consider life outside Silicon Valley as they shift to remote work

The coronavirus is reshaping the workings of Silicon Valley, the epicenter of U.S. tech culture and innovation for 70 years.
Tech titans and VCs in the region have embraced remote work and Facebook, Twitter and Square are mapping out their strategies for a distributed workforce.
The hope is this will open up a wider talent pipeline throughout the U.S. and the world.

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“Tech Workers Are Never Going Back to the Office”: The Pandemic Housing-Market Explosion Could Upend Silicon Valley as We Know It

As Brooklyn and San Francisco empty out, Los Angeles, Palm Springs, and Miami are booming thanks in part to tech workers’ hunger for space and amenities. And the shift might be permanent. “All the start-ups here are realizing that they don’t need to be in the same place all the time,” says one tech executive

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Rise of remote working entices startups to flee big tech hubs

Since pandemic lockdown measures took effect seven months ago, some early-stage startup founders have shifted parts of their businesses away from startup hubs like San Francisco and New York, where operating costs for their budding companies are much higher.

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