What Are the Effects of Digital Nomads on Cities?

What Are the Effects of Digital Nomads on Cities? ...

Millennials: their indifference to offices, desire to travel, and the expectation that everyone else will accept their desire to work from the beach

While a lot of this attitude comes from generational resentments and stereotypes, the epidemic did encourage others to become more mobile while also working remotely on their laptops.

Upwork, an online freelancing platform, has reported that over 26% of the American workforce worked remotely for at least part of 2021.

But working remotely is much more enjoyable when you're near the water, mountains, or a vast metropolis than your parents' basement -- at least that's what Airbnb (ABNB) - Get Airbnb Inc. Report found in a recent round-up of towns and cities in the United States and Canada.

"Gasts are spreading to thousands of towns and cities this summer, with many people even 'living' on Airbnb for the whole season, with millions of people now more flexible about where they live and work.

When can people go anywhere?Big Cities And Beach Towns

Los Angeles ranked #2 as the city where remote workers booked the most nights. Big cities like New York, San Francisco, and Houston landed in the top five in the United States, while Toronto, Montreal, and Vancouver were the most popular in Canada.

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Similar to Upwork's findings, the short-term rental platform found that roughly 20% of those who booked Airbnb stays in 2021 were looking for places to work remotely.

However, locations like La Quinta in California and Delray Beach in Florida are the most lucrative for hosts due to the higher rent rates in beach and resort districts.

For very similar reasons, Whistler and Vancouver, Canada, ranked among the top five places to earn as a host.

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While locals often complain about digital nomads descending on a place and changing their culture, Oregon's Bend was found to be the most welcoming to newcomers: 93.7 percent of guests who stayed there in 2021 received a five-star rating.

Smaller towns that have fewer tourists may be more likely to welcome digital nomads who help the economy, although places like Santa Fe in New Mexico and Halifax in Nova Scotia also had a high percentage of hosts who were happy with their visitors.

Another criticism of the "digital nomad" lifestyle is that it often relies on a certain "cushion" of material comfort that can result in continuous travel; often, independent wealth or a parental home that one can retreat to at any time if out of money.

A Trend That Is Likely to Continue

In terms of affordability, cities like Tulalip, Washington, and Catlett, Virginia saw over 1,000 bookings in the first quarter of 2022, while the average nightly price was $16.90 and $21.80.

The cheapest place to stay for digital nomads in Canada was Trois-Rivieres, Quebec, even if a nightly stay cost $35.60 per night.

Irvine, California, Cincinnati, and Toronto, Ontario, had the most listings for long-term stays.

Even though the traditional image of a digital nomad has been of a freelancer, this lifestyle is also becoming more popular among a certain type of full-time employee.

JP Morgan Chase & Co. Report and Google (GOOGL) Report Some companies have allowed employees to work remotely, and this flexibility is becoming a deciding factor for many who are looking for a job.

Airbnb received more than 1 million visitors to its careers page in the first week following the announcement [that employees might work from anywhere permanently], bolstering the desire people have to live and work anywhere.

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