Leading Voices in Real Estate cover image

Mark Zandi | Chief Economist at Moody’s Analytics

Leading Voices in Real Estate

CHAPTER

Impact of Remote Work on Urban Centers

This chapter explores the impact of remote work on urban centers, particularly large cities like New York and San Francisco. It discusses the decrease in activity in downtown areas and the challenges faced by retail, hotels, and property tax revenue. It emphasizes the need for proactive and creative solutions to address these challenges.

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