Rapid Work Style Shifts Are Tanking Tax Revenues — Can City Planners Catch Up?
Allwork
JANUARY 6, 2023
“We find a 45% decline in office values in 2020 and 39% in the longer-run, the latter representing a $453 billion value destruction. These valuation changes have repercussions for local public finances and financial sector stability,” according to the study. . but it nixed the $11.7 The challenge of repurposing workspaces.
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