https://fortune.com/2023/05/25/office-space-crash-harder-than-expected-remote-work-economy-cre-crash/
“The key takeaway from our analysis is that remote work is shaping up to massively disrupt the value of commercial office real estate in the short and medium term,” the authors wrote.
:sicko-hexbear:
The authors found that higher quality buildings, a.k.a. buildings with higher rents that were built more recently, “appear to be faring better,” which they claim is consistent with the notion that companies have to improve office quality for workers to want to come back.
:porky-scared-flipped:
:cap-think: I guess we could convert them into prisons...
There's probably some think tank schmuck in Raytheon acres wracking his brain at the local mission bbq who would be gutted knowing he didn't come up with that first.
He'd still pretend like he did.
College dorms with no windows, great thinking! :porky-happy: