3 ms·
Return-to-Office Is a $1.3T Problem Few Have Figured Out
- andrei_says_ 3y ago> McKinsey Global Institute estimates that pandemic shifts could erase as much as $1.3 trillion of real estate value in big cities around the world by 2030. What about the value of time commuting, extra childcare, cost of gas / transportation, pollution, accidents, health issues resulting from 10+h of driving per week and the incredible loss of quality of life? An economy which doesn’t measure any of these is skewed to the point of cruelty and insult. A handful of uberwealthy commercial real estate owners rethinking their feudal business model is OK with me. The very framing of the issue shows who the article aims to serve and at whose expense.
- conception 3y agoAnd honestly 1.3T doesn’t… seem like much? Meh. Not concerned.
- monsterofcookie 3y agoSuper simple. The office sucks hard. Just don't do offices. Adapt or die.