RE: Remote Work Is Part Of Technological Evolution: Disruption Is Happening
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What you state is true for all generations. Those who are baby boomers but were both in the early 60s identify more with Gen X than Boomers.
Residential redevelopment is barely a viable plan since in most cases it might just be more economical to tear down and build from scratch rather than try and retrofit condos into office buildings.
Few seem to realize this.
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Maybe outside the cities, they don't, but I can tell you the issue is front-of-mind here in NYC. There will be a reckoning, and soon! Not just for all the landlords sitting on empty office space, but also for the countless businesses and livelihoods that are based on people commuting into offices daily. There are so many shops that just be able to continue to survive in a world with 40% office occupancy. It seems like the only people "winning" are the food delivery apps as less and less people leave their apartments to brave the harsh conditions of barren city streets that used to me teeming with life!