this post was submitted on 05 Dec 2023
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Remote work could cut the value of office buildings by $800 billion by 2030 — with San Francisco facing a 'dire outlook,' McKinsey predicts (www.businessinsider.com)
submitted 1 year ago by Espiritdescali@futurology.today to c/futurology@futurology.today
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[–] JohnDClay@sh.itjust.works 11 points 1 year ago (1 children)

I hope we can convert them to apartments fairly easily. That'll help put downwards pressure on housing and apartment prices.

Video by Stewart Hicks on why it might be difficult. https://youtu.be/imyPVFFACTk

[–] CanadaPlus@lemmy.sdf.org 3 points 1 year ago* (last edited 1 year ago)

Cool video!

I know the plumbing can be retrofitted in some cases, but I wonder about the windows. From a complete laymen's perspective it seems like you should be able to swap out every few with some sort of emergency exit. The interior of the building might have to stay commercial, which could actually be nice for the residents. I'd love to live across the hall from a grocery store.