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Apartments, retail and the terrible Ts: Tech & Tourism

Cities with a large tourism sector, such as Las Vegas and Orlando, still employ 10% fewer people than they did in February, which will hurt retail spending and apartment demand. And, while office-using jobs are holding up in tech-led cities, these have seen a big shift to remote work. This is likely to mean that those cities will also face a disproportionate impact on apartment demand and in-store retail spending.

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