/biz/ - Business & Finance

>>55111057
>The office market is largely what brings commuters to major cities and drives revenues up for stores, tourist attractions etc.
No, office market brings in commuters for some stores and a good deal of restaurants. Hybrid work will be the most common so spending will be closer to home for those. What is going to happen after this is all said and done is dedicated office-only space will be rare. Small cities that have a good infrastructure base will be able to capitalize on hybrid work. Cities that are primarily a bunch of sprawling subdivisions that had commuters go into the big cities will have major infrastructure changes to make. Big cities that relied on those sprawling subdivisions and dedicated offices will instead have their offices demolished or renovated into mixed use spaces which will cause an increase in residential supply. Basically, the end result will be the death of the suburban subdivision that only existed because it was a cheap way to live near the big city.