Working from home could wipe $800 billion from office values globally | CNN Business
www.cnn.com
Remote work risks wiping $800 billion from the value of office buildings in major cities worldwide by 2030 as the post-pandemic trend pushes up office vacancy rates and drives down rents, according to a new report.

McKinsey said cities could adapt to the declining demand for office space by “taking a hybrid approach themselves,” developing multi-use office and retail space and constructing buildings that can be easily adapted to serve different purposes.

  • @MotoAsh
    4•1 year ago

    I agree. My comment was more to imply, “I don’t even care if they convert it, just let it happen.”

    Some buildings already have showers and shitty gyms, too. Some even have full kitchens already. Some are logistically fully livable as-is, maybe with with very minor tweaks and some compromises on living style.

    If some buildings are THAT close to fully usable, it’s obviously bullshit to say it’s not a viable solution. It wouldn’t solve all problems, but no solution solves all problems.

    (also it’s not like office buildings are fucking DESIGNED to be easily remodeled or something…)