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I expect that over time our use of space will adapt to this new reality but it will probably take a decade. I definitely see older or taller office buildings r
by busterarm 5y ago
I expect that over time our use of space will adapt to this new reality but it will probably take a decade.
I definitely see older or taller office buildings renovating and rezoning to become mixed co-working and/or living spaces suited to remote work.
Not just that but also I could see commercial space be divided up into premium one-person office spaces wired with fast internet and set up for video conferencing.
- eropple 5y agoI hope this is the direction we see, but going from offices/commercial to residential is a much heavier lift than just zoning. Like, just consider the plumbing situation in a reasonably large office building. People living there will require more significant renovations than just putting up new walls. It is fixable, but it isn't cheap, and because it isn't cheap, "will it happen" gets some question marks.
- busterarm 5y agoI'm not discounting any of that. Definitely won't be easy and that's why I say about a decade before we really see a shift.