1109
Remote Work to Wipe Out $800 Billion From Office Values, McKinsey Says
(www.bloomberg.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 13 Jul 2023
1109 points (98.7% liked)
Technology
34437 readers
167 users here now
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
founded 5 years ago
MODERATORS
This is also really bad news for all the small businesses that rely on the office workers who work from home now. I'm all for shoving it to the billionaires and mega corps but it seems like everyone's forgotten about all the small(er) businesses they deal with on a daily basis and all the people who work for them.
There's also the tax revenue streaming from the offices, small businesses, and the people who work there. Less people taking public transportation makes them less safe and slows progress on improvements. It's not difficult to imagine city coffers shrinking, leaving room for more abandoned store fronts and an increase in crime.
I mean, if there's enough people who are no longer going to work everyday, there's a potentially devastating outcome on the horizon. Let's not get distracted by our elation of the wealthy (possibly) suffering. This is bad news for everyone who lives in a city.
well my hope is it pushes investment back.into leisure and third space usage, to encourage people back into cities for fun reasons rather than just to operate a keyboard which I can do from anywhere
I agree and actually if the commercial areas of the cities become more residencial. In my experience they become safer because some massive commercial areas when the sun goes down they are not nice to walk.