Office Apocalypse, New Expenses Are Wrecking Big Cities ' Budgets

Boston has a bit of a budget problem. The rise in remote work has caused a slow and steady decline in commercial real-estate prices, and, as a result, property-tax revenue is falling, leaving the city facing a $1 billion tax deficit over the next five years. The same issue, coupled with a…#boston #denver #seattle #washingtondc #maryland #arizona #justinmarlowe #postai #pewcharitabletrusts #lucydadayan

Source: Reuters: Health - April 15, 2024 Category: Consumer Health News Source Type: news