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> Office space vacancies in Calgary are nothing new. The economy will recover, people will forget the hard times, new buildings will go up and we'll do it all o
by rubiquity 5y ago
> Office space vacancies in Calgary are nothing new. The economy will recover, people will forget the hard times, new buildings will go up and we'll do it all over again.
This mentality is why the current recession that started in 2015 hasn't turned around yet. The major oil and gas companies aren't coming back this time. It's time for the city to invest in something else instead of pandering to an industry that will drop them like a bad habit the moment the barrel drops below a certain price.
- tumblewit 5y agoTech can always an option. I mean we are entering WFH being the normal so office spaces aren't exactly what is required but once you start building Tech everything comes along with it (schools, stores,tech law firms etc) that supports Tech and in general people move where the money is.