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Originally Posted by the urban politician
^ It could be worse than that. As soon as people realize that companies can be effective with a mostly at-home workforce, you may see people working remotely from places far away. I’m talking low cost locales not just outside of Chicago, but even out of State.
As soon as the pandemic seems to be under control, we need a local leadership that will vigorously defend the local economy. We will need to make the case for Chicago. Why it’s so valuable. Why the core is still the place to work and thrive. I’m not sure if that mentality is there with some of the people in charge.
But seeing any substantial highrise development for a long time—the whole reason most of us even gravitated to this forum—depends on it.
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Yawn, I remember when they said this in the 1990s when my Dad worked at IBM and was one of the first wave of workers to go work from home. I remember going downtown Milwaukee to the 411 Building when IBM was emptying out floors of office space that he used to work in and stacking the furniture in the loading dock for the employees to pick over and take home. We crammed the minivan full of steelcase office furniture and he headed home never to work from the office again to this day.
Everyone said the era of downtown office was over.
Then I remember again after 9/11 when everyone said "the skyscraper is dead, businesses will never want to locate in tall buildings again!" Which seemed logical enough until the subsequent cycle unleashed the biggest skyscraper boom since the post war period.
Then I remember 2008 and working at a commercial brokerage where everyone said "Millenials can never afford inner city real estate, they will all move to the suburbs when they buy their first home"
Then it was "the Millenials will all move to the suburbs when they get married"
Then it was "they will all move when they have kids"
It still hasn't happened yet, yes more Millenials live in the suburbs now than 2008, but less of them remain in the city than any generation since the era of white flight.
Then I remember the conversations with office brokers about how "open concept will kill demand for office space" in the 2010's.
Then 5 700'+ office towers got built along the river...
Quote:
Originally Posted by uaarkson
America really is two different countries.
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Yeah the country of the Midwest plus some great lakes states and Mississippi, but not New Hampshire. The other America of course being the West Coast and Rockies and the South, except Mississippi, that's part od the north...
I know you are not from here, but this is not really split along classic political lines.