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Hybrid work is the current trend, with many employees preferring to keep this arrangement, creating uncertainty about the future of office spaces. Economic indicators suggest a mismatch between the supply of and demand for office spaces, posing financial challenges for real estate. Future remote work patterns may lead to reduced office needs, altering financial strategies and potentially impacting company cultures and real estate markets.
Mexico may not be the first country that comes to mind when you think of wine, but a region carpeted in green vineyards and dust roads just two hours south of San Diego has been making a case for oenophiles to get on board. Often referred to as the Napa Valley of Mexico, Valle de Guadalupe is a burgeoning wine region in Baja California, Mexico, that has impressed newcomers like myself and kept its decades long loyalists coming back for more.
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As the workforce moves further away from the immediate economic impacts of the COVID-19 pandemic, one change seems like it’s here to stay: the widespread adoption of flexible and remote work. According to the latest findings of the Chicago Fed Survey of Economic Conditions (CFSEC), businesses across various sectors have maintained a higher level of remote work compared to pre-pandemic times.
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