[HN] Remote Work to Wipe Out $800B from Office Values, McKinsey Says
[HN] Remote Work to Wipe Out $800B from Office Values, McKinsey Says
www.bnnbloomberg.ca Remote Work to Wipe Out $800 Billion From Office Values, McKinsey Says - BNN Bloomberg
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.
[ comments | sourced from HackerNews ]
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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.