Not for another FIVE YEARS according to
Mark Rose, the Chief Economist of Avison Young. How crazy of a shift is that? Obviously there are many, many things that were terrible thanks to COVID-19, but I don't think anyone could have predicted that the majority of people who worked in offices would all be working from home and preferring it!
Now just because the employers and employees are using the buildings differently, it hasn't had a downward impact for investors and landlords who are snapping up office and commercial real estate in Vancouver like never before. Check out
this interesting article from Storeys.