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You can special case any city or town. I don't think WFH is endemic to SF, for example. And economic effects cascade down.
by nkozyra 6y ago
You can special case any city or town. I don't think WFH is endemic to SF, for example. And economic effects cascade down.
- iso1631 6y ago> I don't think WFH is endemic to SF, for example Certainly not. I don't think it's bad either, but some people (owners of expensive offices) do. https://www.bbc.co.uk/news/business-53925917 https://www.bbc.co.uk/news/business-53925917 -- Warnings of 'ghost towns' if staff do not return to the office As to shareholders of chain coffee/lunch stores -- https://www.bbc.co.uk/news/business-53939526 https://www.bbc.co.uk/news/business-53939526
- nkozyra 6y ago> I don't think it's bad either, Of course, but it has a significant, fundamental impact on huge aspects of "the economy" as we know it. Large segments of commerce - particularly in the U.S. - pivot heavily on people spending time and money commuting, spending time in an office, eating and drinking at nearby establishments, etc. The effects will take some time to shake out.
- Fjolsvith 6y agoIt will be interesting to see if they invest that extra money, and add to the boom of the economy.
- iso1631 6y agoBig losers in UK would be Overpriced coffee shops (not Central Perk style ones in neighbourhoods - takeaway chain ones) Daily Mail (the metro readership will vanish) The trains will be interesting - especially in London. UK rail infrastructure is built to cope with large numbers of peak time commuters travelling with large discounts. That infrastructure won't vanish, but the income will (a £3k a year discount for a season ticket still means you're paying £4k a year - if that goes, times a million, it's a lot of operating revenue with little drop in costs)