America’s Office Real Estate Crisis
TREND #2
Since February 2020, there has been an unprecedented sea-change in the way white-collar America works and the implications are much wider and deeper than most managers and investors appreciate.
Recently, office attendance in America’s 10 largest business districts was still below 50 percent of its pre-COVID level. And white-collar employees spend an estimated 28 percent of their workdays at home.
Furthermor.....
Since February 2020, there has been an unprecedented sea-change in the way white-collar America works and the implications are much wider and deeper than most managers and investors appreciate.
Recently, office attendance in America’s 10 largest business districts was still below 50 percent of its pre-COVID level. And white-collar employees spend an estimated 28 percent of their workdays at home.
Furthermor.....
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