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☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 2 years ago

Remote Work to Wipe Out $800 Billion From Office Values, McKinsey Says

www.bnnbloomberg.ca

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Remote Work to Wipe Out $800 Billion From Office Values, McKinsey Says

www.bnnbloomberg.ca

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 2 years ago
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Remote Work to Wipe Out $800 Billion From Office Values, McKinsey Says - BNN Bloomberg
www.bnnbloomberg.ca
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Remote work risks wiping $800 billion from the value of office buildings in major cities, highlighting the potential losses that landlords are facing from post-pandemic changes in employment trends.
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  • piege@sh.itjust.works
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    2 years ago

    Ftfy - Irrelevant industry failed to adapt to technology available for decades thanks to overall ineffective managers in businesses.

    • Designate@lemmy.letthewookiee.win
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      2 years ago

      Those same managers are rallying to get people back into offices to mixed results. Some staff will come back but others are quiting to go and work for remote businesses. The next 3-5 years are going to be interesting.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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      2 years ago

      Sure, that doesn’t change the economic fallout from this maladaptation though.

  • Ocelot@lemmies.world
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    2 years ago

    Good. Build housing instead. Already starting to see a lot of converted offices into living units show up

  • sarcasticsunrise@lemmy.ml
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    2 years ago

    B-but think of the landlords!! /s

  • angstylittlecatboy@reddthat.com
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    2 years ago

    epic

  • lemmy@lemmy.ml
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    2 years ago

    Maybe we can help them out with taxpayer money? It’s time to give something back to these fine good people.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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      2 years ago

      I mean that’s obviously what’s going to happen in the end. Massive bailouts for the landlords and massive austerity for the working class.

  • ֆᎮ⊰◜◟⋎◞◝⊱ֆᎮ@lemmy.dbzer0.com
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    2 years ago

    Hope it wipes it all out.

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