The Office Of The Future

On today’s show we are talking about the changing office environment. The Covid era created a lot of distortions. People got paid to stay home. The requirement to social distance meant that most things done elsewhere were performed at home.

School was virtual. Gym classes were virtual. Meetings were virtual. Court hearings were virtual. Work was virtual.

Sure it was more fun to sit in a zoom meeting in your pyjamas. But when effective office work requires team collaboration, virtual environments deliver an inferior result.

Of course I can’t predict the future. Nobody can. But I’m going to go out on a limb and predict that we are somewhere near the bottom of the office market when it comes to vacancy. I believe we will see a rebound in demand for office space starting on January 20. This is going to act as a catalyst for more business owners to mandate a return to the office environment.

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