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Private office spaces will be rediscovered past Silicon valley bank dotcom 2.0. The dynamic driving this will be that office space assest price will fall with h
by acd 4y ago
Private office spaces will be rediscovered past Silicon valley bank dotcom 2.0. The dynamic driving this will be that office space assest price will fall with higher interest rates.
The dynamic was that close to zero central bank interest made it cheap to finance office real estate. That led to increased rents. That led to open office plans.
I predict that the open office floor space trend will go in reverse towards private office space.
- ghaff 4y ago>I predict that the open office floor space trend will go in reverse towards private office space. I'm skeptical. At least in the tech sector, what I'm seeing is office space being downsized and rethought as primarily meeting and collaboration space.