Recent surveys suggest that our forecast that 50% of office employees will go into work every day is too high. But it also looks like the vast majority of those working from home will only do so part time. That complicates the outlook for office demand. In the short term, more hybrid working appears to have limited the extent to which firms have been able to offload office space. But firms will eventually find efficiencies and that implies that while the hit to office demand may have been delayed, it is still coming.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services