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How much trouble is in store for office real estate?

Marketplace

Marketplace

News, Business

4.68.5K Ratings

🗓️ 26 June 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

American workers are stubbornly resistant to giving up working from home. That’s a huge problem for commercial real estate owners and the regional banks that finance them. So what happens when office buildings become ghost towns? Plus, China encourages young workers to move to the countryside, local governments look to employ gig workers and states attempt to modernize unemployment insurance services.

Transcript

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0:00.0

From all of us at Marketplace, we just want to say thank you to those who stepped up to join our community of Marketplace investors at the end of our budget year.

0:07.5

Your support empowers us to continue making everybody smarter about the economy, and that means everything.

0:13.5

It is not too late to become a Marketplace investor, you know, just go to Marketplace.org slash donate, and thanks again.

0:21.0

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0:27.0

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1:48.0

Shopify.co.uk-marketplace22

1:55.0

It seems quiet economically, sure, but still waters run deep, you know. From American public media. This is Marketplace.

2:07.0

In Los Angeles, I'm Kyle Rizdal. It is Monday today, the 26th of June. Good as always to have you along, everybody.

...

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