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How to save cities from a death spiral

  • 📰 TheEconomist
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  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 92%

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Cities across the world face an identity crisis. With fewer workers commuting into offices and more shoppers heading online, what are cities now for? Listen to “Money Talks”

CITIES ACROSS the world are in the midst of an identity crisis. With fewer workers commuting into offices and more shoppers heading online, what are they now for? It’s a question that commercial real estate investors are scrambling to find an answer to.

On this week’s podcast, hosts Tom Lee-Devlin, Mike Bird and Alice Fulwood explore an office block that’s been repurposed to find out what the future holds for cities. Nick Bloom, a professor of economics at Stanford who’s been researching home working for more than two decades, tells them fully remote work can dent productivity by 10%.

 

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