Working from home could wipe $800 billion from office values globally
Working from home could wipe $800 billion from office values globally
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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What about how much pollution, stress, accidents leading to insurance claims, that will eventually be saved by not having millions drive and live in traffic everyday?
What about that McKinsey?
We don't care about that because that doesn't make rich companies happy.
McKinsey is a bastard man