Loneliness, lack of community, not gaining equity, basic amenities, logistics
The pandemic has radically shifted the way we live, work and travel — blurring the lines between these once segregated industries and leaving them ripe for innovation. According to a recent Airbnb study, the most common trends among post-pandemic travelers include: taking more trips, traveling to more places, working while traveling, and staying longer in each location now that many countries have adopted digital nomad visas.
The era of tourism as we knew it is coming to an end, as reflected by the 83% YoY market downturn. Now that digital nomads are staying an average of six months at each location, this emerging market of “slow travel” has led to travelers seeking a deeper connection to people and place and desiring a supportive community and collaborative work environment at these destinations.
Although working from anywhere has its advantages, this transient lifestyle can lead to a perpetual cycle of debt due to the inability to gain equity in a home. With 1 in 4 renters spending more than 50 percent of their income on rent, we feel it’s time to evolve “home” to adapt to the new normal and meet the needs of the modern lifestyle.
Not a problem when you’re in your twenties, but now that the average age of digital nomads is forty we feel it’s time to evolve “home” to adapt to the new normal and meet the needs of the modern lifestyle.
Although remote work has its advantages, for many it’s resulted in burnout and mental health issues due to the lack of meaningful connections.
After years of social isolation, travelers are now putting more emphasis on connection to people and place, and desire a sense of belonging wherever they go.
Co-living properties performed a staggering 23% higher than conventional during the pandemic
seeking a higher quality of life, purpose-driven collaboration, long-term stays, and a deeper connection with themselves, their community and the natural world
Traveling the world may sound exciting, but the truth is most digital nomads are lacking a sense of community and often struggle to access the basic amenities to get work done.
The problem with moving to new locations is the many stressful hours spent finding the right accommodations, working environment, and community of like-minded people wherever they go. Those are just short-term pain points, the one that really stings is the difficulty in generating long-term wealth.
Digital nomads are seeking easy access to reliable spaces and amenities, they want to connect and create community with others like them, and they need a way to build equity over time that fits their lifestyle.
Homeownership is out of reach for nearly 250M Americans, creating a perpetual cycle of debt as nearly 11M Americans (1 in 4 renters) spend more than 50 percent of their income on rent
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