The New Normal Is The Distributed Company
August 2, 2020
There has been a sharp increase in demand for property in upscale vacation areas, such as Lake Tahoe, about 200 miles from San Francisco, or The Hamptons, 100 miles from New York, from well-paid people fleeing the city and looking for properties with more space, as distributed work environments become the new norm and their children will also likely have to study from home.
More and more companies are making it clear that the distributed work environments are the future. It started with companies like Square or Twitter, which soon after lockdown announced that their workforce will not have to return to the office unless they expressly want to do so, and now giants like Google, Facebook or Apple, which are no longer in a hurry to get their staff back to the office and do not expect the situation to return to normal until mid-2021.