Return to Office Plans: How to Never? Doesn't it Ever Feel Good?

The workplace is not going back in the way as was before Covid-19, nor is the value of office space.

This is in accordance with an forecast of Oxford Economics, which found that the capital value for offices will increase at the anemic speed through 2030. Constant distance work with adjacent recession will suppress trends values, keeping them 17% less than 2021 levels.

Office Value is Likely to be a Rebound Stall

The values of the office, as measured by the year -over -year percentage change in capital returns, are likely to remain less for years, as home trends freeze work.

"After Kovid Lockdown, a shift to work from home after Kovid Lockdown has a clear impact on real estate." "This is especially the office area that has taken the brunt of the WFH effect."

Oxford's research highlights the existence crisis that has shocked many companies after epidemic. If many employees can do their work from home as well as in the office, then what does the office mean? And what to do with all those empty cabins?

The exact number of people working from home depends on how it is measured. The Oxford cites the data of the National Bureau of Economic Research, which shows that 30% of the entire time work from home.

The weekly data of Kastal Systems, based on the kard swipe in actual offices, indicates about half of the employees who were punching before the epidemic, now coming to the office.

 According to Castale, the highest percentage of workers in Austin's office is more than 60%, while San Jose's office occupation is running around 36%.

In any way, long -term effects on office values can be terrible. Last November, researchers at the University of New York and Colombia had estimated a 39% decline in the price of "office real estate apocalypse" and office space.

Such destruction of value - approximately $ 413 billion from the estimate of researchers - not only will hurt the owners of the assets, but the cities that rely on the taxes generated by them, and the banks that fund office projects, a potential forms, a potential forms With the entire financial system unstable.