Is Hybrid Work Doomed?
Plain English with Derek Thompson
00:00
Hybrid Work and Urban Economies
This chapter examines the effects of hybrid work on urban economic structures, particularly the decline in central business district spending due to reduced foot traffic. It highlights the challenges for various stakeholders, including office space owners and city officials, as tax revenue shifts to suburbs, which may lead to funding crises for essential services. The discussion also delves into the contrasting perspectives of CEOs and city mayors regarding the potential for urban decay and changes in residential and commercial dynamics.
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