Working from home could wipe $800 billion from office values globally | CNN Business
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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.

  • @SparlockEnglish
    10•10 months ago

    I’ve noticed many more job listings are prominently promoting that they are 100% remote and plan to stay that way. When I’m looking around for the next opportunity they are on the top of the pile.

    Any company even hinting at “in office” is going straight in the bin. Unless they are gonna pay for a car, parking, gas, insurance, travel time, and lunch.
    Even then it would STILL need to be a hell of a lot more $$ than a100% remote to make me want to deal with office people and not be able to wear comfy clothes.

    • @[email protected]
      6•10 months ago

      Yeah, what a terrible way to hamstring your recruiters from the competition, it literally costs nothing to make your company and environment way more attractive to candidates.

    • Semi-Hemi-Demigod
      6•10 months ago

      Companies that are fully remote will have their pick of the best people from around the world, while companies that insist on being in the office will have to deal with whatever leftovers are close enough to commute.

      Of course, the companies that make people come into the office will no doubt complain to the government about this and get laws changed to force people to work for them. Because we aren’t in a market economy anymore, we’re in a corporate feudal state.