Offices won’t go away, but the idea that there is a physical space permanently set aside for you in an office and that you use that space most workdays will largely be seen as a quaint relic of the past for many.

It’s not a question of if there is about to be a bloodbath in commercial real estate, just how bad it’s going to be.

If there’s a plus side smart developers could quickly repurpose commercial spaces into residential and quickly fill needed housing shortages in many cities.