Why can't we just turn the empty offices into apartments?

Remote work offers a way for companies to save money on office space

Before the pandemic, real estate costs were between 3% to 9% of the typical S&P 500 company's budget (with the exception of companies in the energy industry). Eliminating some or all of a company's expensive office leases is one way that companies can save money by adopting work-from-home models. (Some users may experience a paywall.)

The share of workers with remote-capable jobs working from home peaked in 2020

Every year, it seems like some study is claiming that remote work is over, and that employers are forcing workers to return to office en masse. This chart shows a much more nuanced picture of how remote work has fluctuated before, during, and after the 2020 COVID-19 pandemic—remote, hybrid, and in-person work levels have remained relatively stable since 2023.

Data center companies are worsening housing undersupply in some regional markets

With large capital to spend, technology giants have disrupted the real estate market, driving up prices by outbidding commercial and residential developers and intensifying competition for available land. A property purchased over several years for $50M in Prince William County, Virginia, was sold to Amazon for $700M in 2025.

Roughly 10% of US apartments were owned by private equity firms as of 2025

Almost half of those apartments were purchased after 2021. However, local community groups across the country are experimenting with ways to put residential and commercial real estate in the hands of community members.

A podcast on America’s coming demographic crisis

This podcast explores how America’s coming demographic crisis is bad for employers. According to Bloomberg, businesses still need humans to make the economy work. However, too few workers in the US are actually working, and too few people are...

Why did WeWork fail and why it's still around

Once valued at $47B, WeWork promised to revolutionize office space—but rapid expansion, financial red flags, and a pandemic-driven shift in work culture led to its 2023 bankruptcy. This overview looks at its rise and fall, and what’s next for the coworking giant.

When your 9-to-5 becomes optional

You've seen the headlines. But what would actually happen if everyone's 9-to-5 became optional? We dug into the data. Traced automation philosophy back thousands of years. Examined what happened when elevator operators disappeared. Looked at Alaska's 40-year experiment paying every citizen. And investigated the Philippines, where 89% of call center jobs are now at risk. What we found was more positive than bleak. This video explores three questions: What does the data actually show? What does history tell us about this kind of disruption? And what happens when work becomes optional?

The 'Strong Towns' podcast explores how American cities can become financially resilient

This weekly podcast examines why the way America has built its cities since World War II has left some communities financially fragile—and what local governments can do differently moving forward.

Former New Yorker editor Tina Brown coined the term “gig economy” in 2009

Although this article was written pre-pandemic, the workers interviewed in it still feel representative of the sector’s modern ethos. In the piece, the writer interviews a handful of gig workers about why, exactly, they’ve chosen to make a living off of Airbnbs or TaskRabbit gigs rather than doing something else.

Listen to a podcast that explains why Elon Musk is creating a 'company town' in Texas

Elon Musk is recreating an old tradition of large corporations creating "company towns" where their workers can live. In his case, the town, which he is calling "Snailbrook," is being created for SpaceX and some of his other companies in Bastrop, Texas, a small community roughly 45 minutes outside of Austin.

Why Americans keep buying McMansions

Some argue that McMansions—large, relatively newly built, amenity-filled, cookie-cutter homes—are ugly. Others say they're just not a good investment. And yet Americans continue buying them. This video explores why McMansions are still popular despite these criticisms, and how these homes got their start in the first place. Watch the video here.

Modern workplaces were engineered for efficiency, not work-life balance

Modern work organization traces back to 19th-century scientific management, an approach that optimized output by viewing workers as machine components. That logic still persists today and contributes to burnout, stress, and disengagement. Researchers propose a "circular work" model that combines effort with recovery, learning, and renewal, suggesting productivity and well-being should align rather than compete.

45% of Americans have no access to public transit

Most US transit was built on a monocentric design, funneling riders into a downtown center. But today's most common commute is from suburb to suburb, meaning the system is built for a work pattern that no longer exists.

Smart cities like Songdo, South Korea, have created isolating environments

Built as a futuristic, eco-friendly city filled with smart features like pneumatic trash systems and app-controlled homes, the town provides limited opportunities for face-to-face interactions amid sterile backdrops. A focus on high-rise housing amplifies the lonely, disconnected atmosphere.

Airbnb's Brian Chesky explains 'Founder Mode' and how he took back control

The short-term rental CEO learned hard lessons through the pandemic, specifically around a culture focused on management and not building products. In the fall of 2024, Chesky gave a well-received speech at a startup conference that prompted debate in the startup world. He summarizes the talk here.

After the 9/11 terrorist attacks in New York City’s Financial District in 2001, many banks decided to relocate

Much has been said about why today’s top banks are typically no longer headquartered on Wall Street itself. The terrorist attacks in New York City’s Financial District on Sept. 11, 2001, are one reason many banks decided to relocate.

Cities bore the brunt of the migrant surge in the 2020s

During the 2022-24 migration surge, cities such as New York, Chicago, and Denver faced shelter overcrowding, strained public services, and housing shortages—while the upfront costs fell almost entirely to states and cities.

The architect who made the most of a tiny New York apartment

This short documentary explores the 350-square-foot apartment of Ben Riskin, a New York resident looking to make the most of his new home through hidden storage and ingenious design.

The average monthly mortgage payment in the US costs 38% more than monthly rent

A recent study showed that the price gap between renting and buying grew in 38 major US metro areas since last year. The metro areas with the smallest price gaps between renting and buying include Detroit, Philadelphia, and Cleveland.

US housing costs have risen by roughly 175% between 1991 and 2026—but a growing number of Gen Zers are becoming homeowners anyway. In 2025, 4% of homebuyers were Gen Z, up from 3% the year before.

The billion-dollar ghost town in Baltimore

As a Rust Belt city looking to revitalize its economic core, Baltimore, Maryland, sought big investments from developers and municipalities. The so-called Baltimore Peninsula is a billion-dollar neighborhood in south Baltimore initially prompted by the investment of Under Armour CEO Kevin Plank. In 2025, the glossy, grand urban neighborhood is still empty, with fully-built condos and retail spaces.

Indoor rock climbing gyms have doubled in a decade in the US

The business saw a jump in growth amid low real estate costs after the 2008 Great Recession. The sport's culture has shifted from serving misfit loners to more family-friendly spots.

Why Kansas is giving away cheap land

In Lincoln, Kansas, a housing renaissance is underway, driven by affordable real estate prices and a lower cost of living, in stark contrast to high-priced urban centers. Bradley Roberts, who previously lived in San Francisco, moved to Lincoln and...

Why are ancient ruins underground?

When cities fall into disrepair, it's often easier to flatten what you can and build on top. This is why modern archaeologists frequently discover ruins underground, revealing generational layers of cities rebuilt over time. This video explores major examples of this principle, from ancient Troy to even modern Seattle.

How the ocean is the new frontier of innovation

Space has been called the final frontier of innovation and investment for decades. Many innovators say the ocean is the new space, the vast majority of whose hidden depths remain obscure. In this podcast episode, business-minded experts discuss the opportunities founders see in the ocean, including seagrass restoration, underwater cable networks, and more.

How AR could reshape construction

Wired's Grant Imahara visits Los Angeles, where he witnesses how augmented reality will be a key component of how builders will do their jobs in the future.

Legendary architect Frank Lloyd Wright designed the SC Johnson headquarters in Wisconsin, aiming to make a cathedral-like workplace

Massive 3D printers have been used to build homes by stacking layers of 'concrete toothpaste,' a fire-resistant material that effectively insulates against outside noise.

Despite being favored by 87% of Americans, Congress does not have term limits.

US consumers collectively owe more than $1T to credit card companies—almost as much as they owe in auto loans.

Before the current East Wing ballroom project, only two White House renovations in the past 100 years cost more than $10M.

Discover the catastrophic consequences of a failure of the US electrical grid—something that is more likely than many Americans think.

Netflix profits when you're not watching, and its movies are designed that way—read a detail-rich critical essay exposing lesser-known Netflix takes

In 2025, four executives from large tech companies were given positions in the US Army Reserves—including Palantir Chief Technology Officer Shyam Sankar, which reinforced Palantir's ties with the US military and its role as a leading defense partner.

How Amazon operates a 'flywheel' business model, a self-reinforcing cycle that drives continuous growth

Telehealth demand for GLP-1s for weight loss is booming as consumers seek easier access.

Explore an interactive map built from more than 100,000 survey responses on where people find joy in their lives

Gerrymandering works through two techniques: cracking opposing voters across districts to dilute their power, and packing them into a few to waste their votes in lopsided majorities.

In 1963, a basement renovation in Turkey revealed a passageway to a hidden, multilevel underground city that once housed as many as 20,000 people

Most of the observable universe's volume consists of voids and supervoids—enormous regions of space with little to no galaxies, stars, or light.

The idea for the Federal Reserve was conceived in secret in 1910—with bankers donning duck hunt gear for disguise while traveling to a remote country club on Georgia's Jekyll Island

Human-to-human transmission of hantavirus remains extremely rare, so the 2026 hantavirus cruise ship outbreak doesn't mean we're facing a COVID-style pandemic risk.

Venture capital is a form of funding provided to early-stage companies with high growth potential, typically in exchange for an equity (or ownership) stake

Hotels in Cannes, the glamorous city on the French Riviera, hire hawks to ward off seagulls during the city's famous film festival.

A Yale student wrote a profound essay about the consulting industry's influence on elite college students that was published in a book of her writing after she died in a post-graduation car accident.

Apeirophobia is an overwhelming fear of living forever, perhaps stemming from the brain's inability to conceptualize an infinite life.

For centuries, it was common to sleep in two shifts: a few hours at the beginning of the night, and a longer period beginning around midnight

Explore fun facts from the USPS, including unique post office buildings, a stamp that traveled past Pluto, and more.

How fusion—which releases energy when two lighter atoms combine to form a heavier atom—differs from fission

Astronauts have repaired genetic damage in space using CRISPR—a molecular tool that can make precise changes to DNA and is used in single-celled organisms to attack invasive viruses.