4 ms·

>perhaps 50% of office desks sit empty Can you provide that source? I have a different source that shows my city is at 19% (which is still absurdly high)

• stjohnswarts 3y ago
  Even san francisco isn't that bad, only about 25% of office space isn't being use. It's not an apocalypse, these real estate people are just trying to declare "woe is me" because profits are down 10%
  • grepfru_it 3y ago
    Your numbers may be outdated, San francisco is lower than my city coming in around 16 or 17% (i do not have the numbers in front of me atm). The hard problem with % numbers is that they are usually made up on the fly, 62% of the time. However, in my case, I got the CRE vacancy numbers from NAI which is more credible than a random person on HN (no offense)
    • londons_explore 3y ago
      Those figures are the percentage of office space that is unleased. However, there is a good chunk of office space that is leased by someone yet isn't actually used every day. Usually because the company now does WFH yet can't terminate the lease early. There seem to be a large number of employees who have a desk in an office, yet barely ever use it too. I'm classing any seat that doesn't have an ass on it during the day as unoccupied.
      • grepfru_it 3y ago
        But you don’t know those numbers, that is speculation.