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> even though the office market is taking a big hit from working from home / remote, the broader trend of the past 100 years is more and more jobs being concent
by kbenson 3y ago
> even though the office market is taking a big hit from working from home / remote, the broader trend of the past 100 years is more and more jobs being concentrated into fewer and fewer office district that have to be larger and larger in critical mass.
Well, the question is whether we hit an inflection point which changed the future drastically and invalidated data based on prior trends or not. So, does remote work just alleviate how quickly office space needs were growing (and if so is it to the point that new office space could be built), or does it actually reverse the trend to a degree?
- hattmall 3y agoIt's not strictly work from home. Lots of business located near each other in city centers for business purposes that are being replaced by digital services. Video conferencing and other collaborative tools have decreased the need for many business to be in close physical proximity to each other.