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.

  • ohlaph@lemmy.world
    4·
    11 months ago

    Working from home has been both amazing and isolating. However, say I was close enough to an office, my entire team is spread out so I still wouldn’t be around my team in person to collaborate.

    Nothing beats using my breaks and lunches for things like laundry, exercise, weeding my garden, etc.

    • IntangibleSloth@lemm.eeEnglish
      4·
      11 months ago

      But I need to be in the office to collaborate with my teammates who are in the other side of the planet via Teams!! /s

      • ohlaph@lemmy.world
        3·
        11 months ago

        Isn’t that the truth. I have colleagues in Washington, Oregon, California, New York, New Jersey, and Texas. Zero in-person collaboration potential.

      • CADmonkey@lemmy.world
        2·
        11 months ago

        Hey, are you my former employer? Only it wasn’t the other side of the planet, it was just Texas.