Report: Pandemic Effects on Work Arrangements Also Hitting Office, Retail and Residential Real Estate
PRSay
JULY 19, 2023
By 2030, demand for office space will be as much as 20% lower than it was in 2019, depending on the city, McKinsey predicts. Remote and hybrid work are big reasons for the decline in office-space demand, along with automation and the trend of fitting more desks into less space.
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