Joined
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341 Posts
Where on these forums is there a recognition that monoliths like this are now obsolete?
City workers are now working from home, and they are loving it. No more dirty, expensive and overcrowded commutes. Quality time with their families. An effective increase of their disposable incomes running to thousands a year. I am one of them. We are not about to give that up.
Bosses are among those enjoying the new normal. They will also be looking to add millions to their bottom lines by giving up superfluous office space.
The current batch of City high rises will be the last. Meanwhile the owners of existing office buildings are going to have to figure out what to do with them, and what are the alternatives to monetise their investments. Until that question is answered, be in no doubt, skyscraper construction is over. Nobody is interested in investing hundreds of millions in new projects just to please fanboys on sites like this.
City workers are now working from home, and they are loving it. No more dirty, expensive and overcrowded commutes. Quality time with their families. An effective increase of their disposable incomes running to thousands a year. I am one of them. We are not about to give that up.
Bosses are among those enjoying the new normal. They will also be looking to add millions to their bottom lines by giving up superfluous office space.
The current batch of City high rises will be the last. Meanwhile the owners of existing office buildings are going to have to figure out what to do with them, and what are the alternatives to monetise their investments. Until that question is answered, be in no doubt, skyscraper construction is over. Nobody is interested in investing hundreds of millions in new projects just to please fanboys on sites like this.