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☆ These 15 people are shaping the office of the future, designing meeting pods, hologram calls, and buildings that actually make workers healthier
▼ + stars: | 2022-10-24 | by ( Robert Davis | ) www.businessinsider.com time to read: +27 min

These 15 power players are just a handful of the people designing workplaces to balance productivity, interaction, and employee well-being through indoor-air-quality monitoring systems, building amenities, holographic meeting spaces, and more. AftershipCities like Austin, Texas; Nashville, Tennessee; and Raleigh, North Carolina, began offering business-relocation incentives during the pandemic to boost their workforces and help increase occupancy in office buildings. Room's office suite includes a phone booth, a meeting room, an open meeting room, and a focus room. Room also makes a soundproof meeting room that fits two people, a more open meeting booth, and a focus room designed for quiet concentration. "The future of office work needs to be guided by a new, genuine form of flexibility in which the work, not the workers themselves, become even more malleable," Petersen writes.

☆ How the Warehouse Boom Changed the Way America Looks, Lives, and Works
▼ + stars: | 2022-10-19 | by ( ) www.businessinsider.com time to read: +1 min

As the US emerged from the Great Recession, cheap real estate and the rise of e-commerce collided to create a warehousing boom. Now warehouse boomtowns shoot up in places like California's Inland Empire, Pennsylvania's Lehigh County, and Columbus, Ohio, and the number of warehouse workers has nearly tripled in a decade. Here, Insider explores how the rise of warehouses and warehouse work has changed the US and its citizens as we became a Warehouse Nation. A surge in warehouse workUsing data and on-the-ground reporting, Insider looked at the opportunities and hidden costs of the rise of warehouse work. Read more from 'Warehouse Nation'A look from Insider at how the warehouse boom has reshaped America.

☆ 7 people who left California detail the bigger and better homes they were able to buy or rent in their new locations
▼ + stars: | 2022-10-15 | by ( Jordan Pandy | Robert Davis | ) www.businessinsider.com time to read: +12 min

Seven people who chose to leave California told Insider about the bigger and better homes they could afford in other locations. Brittany PhillipsName: Brittany Phillips, 37Profession: Hairstylist making about $85,000 a yearHome in California: Phillips shared a three-bedroom, 1,353-square-foot house with a roommate. Home in Florida: Phillips and her 13-year-old daughter moved in with her parents in a northwest Florida hot spot, Panama City Beach. Worst part of California: Phillips felt that California is simply unaffordable. Worst part of California: Berube said Chino Hills was getting crowded and expensive.

COVID-19 sparked a boom in short-term rentals, and AirDNA found listings hit a record high in 2022. 18 cities across North America are looking to rein in Airbnbs and short-term rentals. From the beaches of California to the mountains of Vermont, communities are grappling with what the future of short-term rentals looks like. Some cities have simply called timeout: Chattanooga, Tennessee, paused new applications for non-owner-occupied units as it considered short-term rentals' future there. Here are 18 cities in the US and Canada where residents and local politicians are fighting back against short-term rentals.

☆ I'm a 28-year-old crypto-startup founder who got paid $10,000 to move to Arkansas. More than 66,000 people applied to relocate here, and only 100 got accepted — here's why it's worth it.
▼ + stars: | 2022-10-10 | by ( Robert Davis | ) www.businessinsider.com time to read: +7 min

Dmitri Love, 28, moved from Dallas to Cave Springs, Arkansas, in 2021. Love, 28, moved from Dallas to Cave Springs, Arkansas, in 2021. Love took advantage of a program that paid remote workers $10,000 to move to the area. From November 2020 to September 2022, more than 66,000 people from all 50 US states and 115 countries applied for the program. Entrepreneurs should find new places to live and provide valuePersonally, there were no drawbacks for me moving back to Arkansas.

☆ A small city in Illinois is luring newcomers with $5,000, quaint architecture, and a low cost of living. So far, it's working.
▼ + stars: | 2022-09-28 | by ( Robert Davis | ) www.businessinsider.com time to read: +8 min

Since the program began, more than 106 people have moved to Quincy, according to city data. Altogether, nearly 60% of these newcomers found jobs in industries that drive Quincy's economy, such as manufacturing, healthcare, and education. Many programs launched in cities like Quincy, which offer newcomers a lower cost of living compared to major metropolises. The couple were approved for the relocation program "very quickly," Seguette said. The Great River Economic Development Foundation, a nonprofit business organization that serves all of Illinois' Adams County— which includes Quincy — is also advertising the relocation program under its "Quincy's Calling" campaign.

☆ We're seeking nominations for our "Rising Stars of Real Estate 2022" list. Here's how to apply.
▼ + stars: | 2022-09-26 | by ( Robert Davis | ) www.businessinsider.com time to read: +2 min

Insider is putting together its third annual list of the best young talent in real estate. We want to spotlight standouts in the worlds of commercial and residential real estate in 2022. We're looking for standouts, the leaders of tomorrow who are making notable contributions and setting themselves apart from their class in commercial and residential real estate. The nominations are open to professionals working in real estate as well as those in other industries who have a focus on real estate. We are seeking the best and the brightest working in real estate in roles including, but not limited to, developers, investors, brokers, architects, builders, designers, urban planners, founders, and property managers.

☆ Investors say these 21 proptech startups are the most promising in their fields — and can even survive a housing downturn
▼ + stars: | 2022-09-26 | by ( Robert Davis | ) www.businessinsider.com time to read: +1 min

Insider asked 11 venture-capital investors to identify the top up-and-coming proptech startups. Investors nominated real-estate tech companies both in and outside of their own portfolios. They identified 21 proptech startups as the most promising in a cooling housing market. And layoffs at proptech companies have become common. We asked them to name such companies — including at least one that isn't in their portfolio — and explain why their picks are on track for success.

☆ Developers rush to convert run-down hotels and offices into shiny new apartments as the costs of new construction and borrowing money soar
▼ + stars: | 2022-09-21 | by ( Robert Davis | ) www.businessinsider.com time to read: +7 min

Some real-estate developers are increasingly targeting offices and hotels for conversion into apartments because, they say, these projects are the only ones that make financial sense right now. The company spent a total of $14.2 million to acquire the properties, which Hubbard described as "on the run-down side." With conversions, developers are also hoping to capitalize on the increased demand for rentals as buying a home becomes less affordable. By extension, the value of office space is declining — making conversion projects more profitable when financing can be secured. The program includes zoning reforms designed to make the conversion projects easier and funding from the federal American Rescue Plan, the Pittsburgh Post-Gazette reported.

And layoffs at proptech companies have become all too common. That makes it harder for such startups to find customers as well as to woo funding from VCs. We've covered the hottest proptech startups before, but the current economic environment makes it much more difficult to determine which ones stand the best chance at success. To identify the startups that deserve the most attention right now, we polled a dozen venture capitalists who invest in proptech. Some VCs identified in this list recommended multiple proptech startups.

☆ My family and I got $10,000 to move from Portland, Oregon, to a small town in Alabama, and it was worth it: 'The grant gave us this vessel to help make our dreams come true'
▼ + stars: | 2022-09-05 | by ( Robert Davis | ) www.businessinsider.com time to read: +8 min

Shannon Milliman, 42, and her family moved from Portland, Oregon, to Florence, Alabama, in 2021. The Remote Shoals program paid Milliman and other remote workers $10,000 to help them relocate. Moving from Portland, Oregon, to Florence, Alabama, during the pandemic pushed me in ways that I didn't expect. Portland, Oregon. Because I said yes to the improvisation of moving with the Remote Shoals program, it's caused other parts of my life to open up as well.

COVID-19 sparked a boom in short-term rentals, and AirDNA found listings hit a record high in 2022. Some locals and officials in hot cities say they deplete housing stock or cause noise disturbances. 18 cities across North America are looking to rein in Airbnbs and short-term rentals. From the beaches of California to the mountains of Vermont, communities are grappling with what the future of short-term rentals looks like. Here are 18 cities in the US and Canada where residents and local politicians are fighting back against short-term rentals.

☆ Zillow just laid off another 300 people as its downsizing continues. Here are 42 other real estate and mortgage firms that have slashed staff during a brutal time for the industry.
▼ + stars: | 2022-07-20 | by ( Alex Nicoll | Robert Davis | ) www.businessinsider.com time to read: +2 min

Many layoffs have been at firms focused on mortgages and residential real estate services. Every segment of the real-estate industry, including proptech innovators that concoct new ways to buy and sell real estate and traditional mortgage brokers, is vulnerable to rising interest rates. The downsizing began in the mortgage industry with Better's Zoom layoffs at the end of last year. Some of the latest and notable casualties came from real estate marketplace giant Zillow, consumer lender Finance of America, and international vacation rental company Vacasa. Do you know of other real estate tech or mortgage-related layoffs?

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