Pre-pandemic, it seemed that economic agglomeration would guarantee the status of ‘superstar’ cities. New York, San Francisco, London, Berlin etc would continue to attract disproportionate percentage of investment, talent, opportunity and economic growth, extending their presence over the national economies they already dominated. Not so any more, as pandemic induced shift-to-remote moved agglomeration into reverse.
Highly readable report from McKinsey on empty office spaces, with obvious implications for talent attraction.