3min chapter

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462. The Future of New York City Is in Question. Could Andrew Yang Be the Answer?

Freakonomics Radio

CHAPTER

New York City Mayor - Is There a New Reality?

There's a non trivial chance that a big chunk of commercial real estate will essentially lie unused, or, you know, semi follow over the next five or ten years. That's massive revenue a lot more and a few plain loads of tourists could ever provide. So do you have any ideas for adjusting to what might be that new reality? I think there are two things that can be true at once. And one is that we should be fighting like that to get people back to the office. But too, i happen to agree with you that there's going to need to be an adjustment on a certain proportion of commercial real estate....

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