Covid Made London and Paris Cheaper — for the Rich

Sure, distant work has decreased demand for workplace area, and will finally soften housing demand too, but it surely’s not taking place but. Plus, have a look at metropolis streets and also you’ll see how the sumptuous isolation of the elite, suburban “Zoomocracy” is already beginning to backfire: The shift to “hybrid” dwelling and workplace working has drivers commuting into city at ever extra random instances. Visitors congestion over the previous month in Paris and London has been even worse than the comparable interval in 2019, in line with TomTom. Cities, in any case, are nonetheless the place the roles are, particularly on the subject of high-skill companies — Google Inc. not too long ago introduced a 7 million square-foot campus in San Jose. | Covid Made London and Paris Cheaper — for the Wealthy


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