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Thesis Driven Leader Series
What the Future of Work Means for the Future of Real Estate: A Conversation with Dror Poleg
Feb 14, 2024
Thesis Driven Editor Brad Hargreaves speaks with Dror Poleg, an influential thinker on the future of work and real estate. They discuss the impact of remote work, the nonlinear economy, the rise of branded operators in the office market, Japan as a model for cities and economies, the global impact of remote work and AI on income distribution, the future of work winners, potential changes to real estate policies, and the impact of AI on the built world.
53:12
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Quick takeaways
- Remote work trends have led to a comeback of cities, driven by the demand for intense interaction, specialized talent, and larger labor pools.
- The shift towards a nonlinear economy, driven by virtual, digital, and intellectual production, requires flexibility, lack of boundaries, and the ability to plan on-demand.
Deep dives
The Rise of Remote Work and its Impact on Real Estate
The podcast discusses the rise of remote work and its implications for the real estate industry. The guest highlights that remote work trends were already on the rise before the pandemic, but the pandemic accelerated them further. The introduction of internet and technology initially led experts to predict that cities and offices would become less important, but the opposite happened. The guest explains that cities made a comeback, driven by the demand for intense interaction, specialized talent, and the largest labor pools. However, cracks started to appear in this paradigm around 2015, with some superstar cities losing population and companies showing a preference for hiring from larger pools. The podcast explores how remote work and technology have transformed the office market, making it more dynamic and requiring new approaches from landlords and developers.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode