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TheflyingDutchman
No fun to live in London or Barcelona these days, but that won't be the reason.
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TheflyingDutchman
No fun to live in London or Barcelona these days, but that won't be the reason.
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grzegorz67
The Daily Snake now carrying the story with no paywall.
[www.dailymail.co.uk]
It appears to confirm my take on it - he's spending much more of his time at his pad out in Hertfordshire these days, in keeping with the current COVID driven trend of London's wealthy selling up and moving out to the surrounding countryside. The property market here is still broadly healthy here but with so many able to work from home every day, there's definitely a shift away from city living.
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grzegorz67
with so many able to work from home every day, there's definitely a shift away from city living.
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Big AlQuote
grzegorz67
with so many able to work from home every day, there's definitely a shift away from city living.
Why anyone would chose to work from home is absolutely beyond me. Save on the commuting-fare? I suppose. It'd kill my mental-heath. I need the human interaction. By that, I mean real-life interaction; not blinking Skype or Zoom. I leapt at the opportunity to return to the office.
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grzegorz67Quote
Big AlQuote
grzegorz67
with so many able to work from home every day, there's definitely a shift away from city living.
Why anyone would chose to work from home is absolutely beyond me. Save on the commuting-fare? I suppose. It'd kill my mental-heath. I need the human interaction. By that, I mean real-life interaction; not blinking Skype or Zoom. I leapt at the opportunity to return to the office.
All of the reasons you mention are valid and worthy of mention. I too miss all those things about the office. But the elephant in the room is one four letter word : Cost.
1. Office Accomodation is very expensive. If firms can get employees to provide their own (i.e. their homes), it reduces their costs a lot. This is especially the case in expensive cities like London.
2. City firms can now easily employ people based further afield and not have to pay them a London or other city allowance.
Working from home is now a very viable option for most types of office employee though clearly there are other employment types where it isn't viable.
I still think there will be a premium on residential properties in cities, but less of one in future. And the commercial property market is in for a rude awakening unfortunately for it.
As for Ronnie, he's a very wealthy 73 year old with lots of choices and at this stage of his life, the countryside with clean air and green and open spaces are probably a better option for him. His wild partying days are long behind him.
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Big AlQuote
grzegorz67Quote
Big AlQuote
grzegorz67
with so many able to work from home every day, there's definitely a shift away from city living.
Why anyone would chose to work from home is absolutely beyond me. Save on the commuting-fare? I suppose. It'd kill my mental-heath. I need the human interaction. By that, I mean real-life interaction; not blinking Skype or Zoom. I leapt at the opportunity to return to the office.
All of the reasons you mention are valid and worthy of mention. I too miss all those things about the office. But the elephant in the room is one four letter word : Cost.
1. Office Accomodation is very expensive. If firms can get employees to provide their own (i.e. their homes), it reduces their costs a lot. This is especially the case in expensive cities like London.
2. City firms can now easily employ people based further afield and not have to pay them a London or other city allowance.
Working from home is now a very viable option for most types of office employee though clearly there are other employment types where it isn't viable.
I still think there will be a premium on residential properties in cities, but less of one in future. And the commercial property market is in for a rude awakening unfortunately for it.
As for Ronnie, he's a very wealthy 73 year old with lots of choices and at this stage of his life, the countryside with clean air and green and open spaces are probably a better option for him. His wild partying days are long behind him.
We’ll call it a tie! Very good and valid points, too.