Quote:
Originally Posted by jfman
Opinion pieces by people who disagree does not constitute the model being inaccurate in and of itself.
Sweden did not have a formal lockdown in legislation but there were plenty of behavioural changes that would impact on the model - working from home remains the norm in Sweden, social distancing is encouraged, school years were educated from home.
Would that be a satisfactory outcome for the property developers for 40% of the UK workforce to remain working from home? I suspect not.
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Au contraire mon ami
If working from home becomes the 'new norm' in many cases, we would see a sudden glut of unused - and unprofitable- office space.
Now look at the prices people are paying for the opportunity to have a roof over their head, and anyone with the cash/contacts/entrepreneurial background to put both of these together may well find themselves with a new and longer lasting bucket of wealth to enjoy
If you can turn a few old pubs/shops/hotels into flats, an office block is childs play