Surge in remote working a big deal for college towns like Knoxville and Athens

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Remote work, which has surged for the past two pandemic years, is remapping the U.S., as fewer workers need to live in or near big cities.

Initially, the only beneficiaries of this shift were vacation destinations in the mountains and by the water, but that growth model likely won’t last as housing costs and labor shortages limit the number of wealthy migrants who can move to places like Montana or Lake Tahoe, according to Bloomberg.

Remote-work destinations will need to accommodate both well-off migrants and the working-class population already in those communities to be sustainable, according to the publication, which presents an opportunity, especially for many college towns. Smaller municipalities often are desirable places to live, and already have stable local economies driven by higher education activities.

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