Working from home could wipe $800 billion from office values globally

www.cnn.com

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Working from home could wipe $800 billion from office values globally

www.cnn.com

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politics English • 1 year ago

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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.

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2•1 year ago
I saw someone eating a bowl of cereal in the driver seat a few days ago. It’s terrifying out there.
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  1•1 year ago
  I’ll take that over the guy watching porn in stop and go traffic on a busy, high speed, narrow road outside Boston…

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