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What a $1 deal says about America's office market

11 pointsby bananapearabout 1 year ago

3 comments

stringsandcharsabout 1 year ago
I may be misinterpreting the general tone of these sorts of articles, but I usually get this impression: &quot;selfish people who now work from home should go back to the office to keep sandwich shops open&quot;.<p>Setting aside all the environmental benefits of no longer needing to travel to and from the office every day, I also don&#x27;t understand why these <i>business</i> pages don&#x27;t see a changed situation as an <i>opportunity</i> rather than always viewing it as a loss. These delis were catering to a system that&#x27;s disappeared, but in time there&#x27;ll be new needs in the neighborhood, or new ways to use the premises, and create other jobs.<p>The people who were eating at this sandwich bar haven&#x27;t magically stopped eating. They&#x27;re just doing it somewhere else, giving their business and money to employ other people.<p>Where I live, nearer the edge of the city, all sorts of lunch restaurants and takeout places are flourishing. This is great because a lot of them are now also open in the evening, making the neighborhood much more alive and vibrant all through the day.<p>This is just a natural evolution that will stabilize over time. No need to force people to commute to an office for 8 hours a day, to keep a dinosaur system alive.
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smitty1eabout 1 year ago
Related Jeffrey Tucker in Epoch Times: The Financial Crisis Begins <a href="https:&#x2F;&#x2F;link.theepochtimes.com&#x2F;mkt_app&#x2F;opinion&#x2F;the-financial-crisis-begins-5603413" rel="nofollow">https:&#x2F;&#x2F;link.theepochtimes.com&#x2F;mkt_app&#x2F;opinion&#x2F;the-financial...</a>
altairprimeabout 1 year ago
Working from home temporarily delays the “I can’t afford to eat out for lunch anymore” reckoning that was coming due for <i>employers</i> from wage stagnation — but not for the businesses that served those workers meals they can less afford each year.