The $500 billion ‘Office real estate apocalypse’: Researchers find remote work’s effect even worse than expected

The pandemic spurred work-from-home era is decimating the office sector, with rising vacancy rates and declining property values. And a set of researchers that previously estimated the effect of remote work on office property values, have revised their assessment, seemingly suggesting things are…

#newyorkuniversity #columbiauniversity #newyorkcity #vrindamittal #stijnvannieuwerburgh #federalreserve #charlotte #sanfranciscos #sanjose #boston