this post was submitted on 15 Jul 2023
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Hybrid-work trend may wipe out $800 billion from office property values by 2030, McKinsey study says (www.reuters.com)
submitted 1 year ago by xNIBx@kbin.social to c/worldnews@kbin.social
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A shift to remote working is likely to wipe off $800 billion from the value of office buildings in major global cities by 2030, according to a study published by consulting firm McKinsey on Thursday.

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[–] JJROKCZ@lemmy.world 9 points 1 year ago

Ok, the old system wasn’t good for anyone not already rich. I’m it interested in going back to try and save it.

Turn those into high density affordable housing with walkable amenities. I don’t care the cost, the QoL improvement for the citizens is worth it