Work From Home and the Office Real Estate Apocalypse
https://www.dropbox.com/s/cr1udptw70ga4dn/Work%20From%20Home%20and%20the%20Office%20Real%20Estate%20Apocalypse.pdf?dl=0&utm_campaign=Recruiting%20Brainfood&utm_medium=email&utm_source=Revue%20newsletterREMOTE WORKING
Issue #296
12 Jun 2022
The collapse in the value of commercial real estate - and the follow on collapse of residential real estate that places workers closers to the office - is something political leaders are keen to avoid. Some mathematical modelling from Colombia University suggests 32.5% decline in value in commercial real estate in New York and a permanent reduction of rental income from commercial leases. Not an easy read, but one bookmark in case you need ammo for those conversations on remote vs on-premise.