Our website use cookies to improve and personalize your experience and to display advertisements (if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies.

Empty offices to co-living: Five ways cities tackled housing crises in 2020

Empty offices to co-living: Five ways cities tackled housing crises in 2020

JOE TABARY FROM affordable home shortages to ongoing evictions during the pandemic, the past year has laid bare worsening housing crises around the world. Armed with digital title deeds and empty offices, here are some of the ways cities sought to tackle those challenges in 2020: EMPTY OFFICES THE coronavirus pandemic has increased pressure on governments to address shortages in housing and allowed authorities more freedom to convert empty offices.  Nearly four out of five chief executives expect the pandemic to entrench remote working, according to accountancy firm PwC, and various companies, like Twitter, have already said that some of…
Read More
Left vacant by COVID-19, can offices become homes to fix housing shortages?

Left vacant by COVID-19, can offices become homes to fix housing shortages?

RINA CHANDRAN THE coronavirus pandemic has increased pressure on governments to address shortages in housing and allowed authorities more freedom to convert empty offices, urban experts said on Tuesday. Last month, the South Korean government said it will add 114,000 homes for public housing within the next two years by buying empty hotels and offices and converting them into residences. Singapore is pushing a plan to redevelop old offices in its central business district (CBD) with new incentives for converting excess car park spaces into residences, shops, restaurants and indoor farms. "Governments and developers across the region are looking at converting commercial…
Read More