Some people moved to the city center so they could sleep in and walk to their jobs. If the jobs are remote that attraction goes away. There are still folks that like walking to the bars .
“Some people moved to the city center so they could sleep in and walk to their jobs. If the jobs are remote that attraction goes away. There are still folks that like walking to the bars .”
Agree, there will always be some market for condensing people together...just not enough to support nearly as many people as was the case when conditions were good (pre-pandemic, and relatively safe).
Only at the very high end of income earning. People haven't been able to afford living in a viable city for 50 years, especially if they hoped to raise a family.
Commercial real estate in cities has been marked for demise for a century. Too many industries require horizontal building expansion, high ceilings, and large open areas.
Cities were built around boats and some rail lines. The automobile, the telephone, and the computer have made them a lesser option compared to large plants and corporate campuses.