Commercial real estate firm CoStar Group is predicting that the growth of remote working and decrease of office density could lead to an overall drop in office demand.
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Many companies have committed to pivoting to a hybrid work model that allows employees to work in and out of the office, but making this change will require agility.
As organizations readily incorporated new technologies over the past year, employees have expressed they want to continue using these advancements to improve their work.
The pandemic led many workers to move to areas with a lower cost of living in lieu of the city, but the number of employees who migrated varied across generations.