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21 Comments

Remote Work Is Killing the Hidden Trillion-Dollar Office Economy

  1. 9

    This is a huge shift in behavior for so many people and I think is a HUGE opportunity for indiehackers. There must be an entire industry of products waiting to be built for remote workers that are better than what we have now.

  2. 4

    It makes sense to work from home, but we need to adapt our dev processes to the new reality. Honestly, we don't need a good portion of the meetings we have

  3. 3

    I think a lot of remote work will stay, but most of the people I work with (despite all being nerdy software engineers) prefer working in an office. There's a definite silent majority here: working from home, especially when you have a family, is harder. It's harder keep a work life balance, which is what people really want.

    What I'm saying is nothing is dead. Just...postponed.

    1. 3

      That sounds like an easily-fixed problem: home office.

    2. 1

      I agree. I think that we will balance out on a hybrid model: some days from home, some from a (satellite) office. Some tasks are just easier to do from home, others in an office, and this even depend on the person's situation (childeren or not, small studio or house etc.).

    3. 1

      I agree here. I thought I'd love to work from home, but in all honesty, I hate it.

      It would be great if it was once or twice a week. It would perfect, in fact. But now I've worked more or less 4 months from home, and I'm going crazy.

  4. 3

    Time to start a home-office industry?

  5. 1

    A year later and this is still relevant. Is anyone working on a "prop tech" play that helps commercial real estate owners monetise their under utilised space? I've been thinking about this for a while and would love to bounce some ideas off of anyone who's thinking ahead of the current transformation.

    I've been reading about how large tech companies in SF are not renewing their leases, or trying to significantly reduce their rents and payable tax, because their employees don't want to come to the office, and they really just don't need the space.

    I think there will be a rise of a new kind of "office" more of like a "community centres" some may be closer to the suburbs ,so people don't have to commute. These community centres could fill the gap for people that want a connection with their team mates that are close by but don't want to commute an hour just to see them. A cool company called https://Codi.com is doing something like this. I'd love to experiment with a similar concept for destination team travel if businesses like this get traction

  6. 1

    If remote work really sticks around it can spur movement also further from city centres. People need money to buy bigger homes with office space.

    It's a big leap.

    I hope there's gonna be more freedom in the future regarding this to suit everyone's preference.

  7. 1

    It's going to be really interesting to see the layout of cities emerge from all this. Downtown gets less relevant and the burbs get more in demand? What confuses me is how are the rents for places considered in 'great locations' (close to downtown etc) not falling off a cliff?

    1. 2

      Rents are down already (-6% in NYC and -11% in SF). It will be interesting to see how far that can go. Landlords will want to get at least what they're paying on their mortgage. I'm not sure if we could see rents drop 50% or something crazy like that.

      But eventually, people who couldn't afford it before will move back downtown & local businesses will adapt to serving residents rather than workers.

      1. 2

        Still, if the demand just isn't there to "cover mortgage," they'll be forced to slash rent until they can get some relief on their mortgage.

        It's either they do that, or just pay their whole mortgage without relief.

        1. 1

          Or sell (at a small loss) to someone who will live there and like the discount on the property?

  8. 1

    I'm loving working from home to be honest. Boss mentioned or rather just hinted slightly the other day about moving back into the office, but I really don't want to have to go back in full time in all honesty.

    As a web developer I can still do everything I need to do out of the office, my capabilities are not limited like I know some people's roles would be where they need to be at a physical location for certain things. And I feel that I get more done while here. I often over compensate because I don't think I actually got enough done, so I could be "working" longer hours. Whereas if I am in the office I am in dead on 9 and leave dead on 5:30.

  9. 0

    Change my mind, WFH sucks.

  10. 1

    This comment was deleted a year ago.

    1. 1

      Funny how we look at the same problem and came out a different solution https://www.inoffice.chat :D

        1. 1

          Cool product. How did you get all those companies to use your product?

          1. 2

            Word of mouth. I survey everyone who signs up, and by far the most common reply is that someone just told them about it. Which is pretty incredible given that we have near 0 SEO and PR presence.

            As far as I can tell, we are getting a huge boost from universities. Every major US University (Stanford, Princeton, Yale, Harvard, etc. 40+ others) are using Snack. A lot of the same folks are doing internships in all these amazing companies and they bring Snack together with them.

            1. 1

              How did you get the first few sign up in the first place?
              Sorry if I seem a bit nosy.

              1. 1

                No worries. Happy to help.

                The first exposure I got was in this hackathon.

                https://devpost.com/software/snack

                Snack was one of the top upvoted projects. A lot of people started using it, which kicked off a chain reaction. Product has changed a lot since then, though.

      1. 1

        This comment was deleted a year ago.

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