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I'm hearing it already start to reverse in Sydney at least. So a bunch of people bought houses up the coast thinking they could work from home after covid pushi
by farmin 4y ago
I'm hearing it already start to reverse in Sydney at least. So a bunch of people bought houses up the coast thinking they could work from home after covid pushing value of houses up and commercial down. But turns out people can't be trusted and and companies want people back in the office and they can't sell these coastal houses for same price they bought them for. Anecdotal of course. I have no data.
- Gigachad 4y agoAll of the non tech people I know in Australia are now back in the office. I think we might see a halt in new office construction, but existing offices do look like they will eventually fill up. And a lot of the big names like Apple and Tesla have signalled that in office work will resume.