Weird furry.
RaccoonRobot
Spicy alt: @LoosfButHornt
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
(old source from July)
That's disruption, baby! It's not just hitting the poors anymore. Real estate should be excited about all this innovation
Except WFH has been increasing housing prices, particularly the value of homes with spaces that can easily be used as a home office. So companies have to pay less rent for their office spaces, and the cost of office space is put on the workers.
It's more complicated than that, there's a lot of nuance, but yeah.
