Source: thenewstack.io
Will Working from Home Kill the City?
Intel recently announced it was https://www.sfgate.com/bayarea/article/intel-cutting-office-space-17839684.php — home to 8,700 employees. It’s part of a larger phenomenon documented in September in https://www.nber.org/system/files/working_papers/w30526/w30526.pdf, “Work from Home and the Office Real Estate Apocalypse,” published by the venerable research nonprofit, the National Bureau of Economic Research (or NBER).
In January the Washington Post’s editorial board even devised a catchy name for the larger problem: “https://www.washingtonpost.com/opinions/2023/01/19/downtowns-cities-how-to-revive/…
Stanford economist Nicholas Bloom tells the Times that every large city is seeing professionals and managers move to the suburbs.
The Post’s editorial board urges leadership and creativity, calling it “a once-in-a-generation opportunity to reshape downtowns for the future.”
In January the Washington Post’s editorial board even devised a catchy name for the larger problem: “https://www.washingtonpost.com/opinions/2023/01/19/downtowns-cities-how-to-revive/…
Stanford economist Nicholas Bloom tells the Times that every large city is seeing professionals and managers move to the suburbs.
The Post’s editorial board urges leadership and creativity, calling it “a once-in-a-generation opportunity to reshape downtowns for the future.”
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