2y ago

Hybrid-work trend may wipe out $800 billion from office property values by 2030, McKinsey study says

www.reuters.com

A shift to remote working is likely to wipe off $800 billion from the value of office buildings in major global cities by 2030, according to a study published by consulting firm McKinsey on Thursday.

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And nothing of actual value will be lost.
- Do you have a pension, as a lot of pension funds are tied up in this kind of stuff. Not that I personally would ever go back to full time office work, but things have knock on effects.
  
  If their asset managers are clued in they will divest before it becomes a problem.
  
  Who the hell still has pensions? I'd fucking love a pension fund. Everyone's tied to much worse stock portfolio individual retirement plans
  
  Most people in the UK at least, it became mandatory for employers to offer a scheme a few years back.

15 comments