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Micro-living in hotel rooms


We saw some U.S. hotels being converted into office space, and now we're seeing another use for them: housing. Real estate developers are scooping up empty hotels and turning them into affordable apartments, reports The Wall Street Journal, as the recession has forced many to downsize and seek cheap housing. While a "symptom of the turmoil the pandemic has caused in the hotel sector," it also reflects where the real estate industry could be headed in a post-pandemic world.