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Office buildings in Australian CBDs could be converted into residential living spaces, as a tanking commercial property market leads to a potential reversal of gentrification.
The prediction of drastically different city centres, made by property experts and architects, follows the Covid-19 shift in work habits that have forced employers to allow staff to work from home, with expectations the flexibility afforded to them as a result of coronavirus will remain in some capacity into the post-pandemic future.
Urban planning thinktanks believe that as businesses require less floor space and less commercial property is used, state and local governments will have to do more to draw people into the city centres in which they have already invested heavily.

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