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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.
Literally, what we’re saying here is “remote work makes much more efficient use of real estate.” But instead of efficient use of resources being a good thing, it’s a society collapsing economic threat.
Only capitalism could make this a problem.
Literally, what we’re saying here is “remote work makes much more efficient use of real estate.” But instead of efficient use of resources being a good thing, it’s a society collapsing economic threat.