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Not all blazing buildings are bad. For instance, today’s towering inferno of commercial property is an adjustment to the rise of work from home. A more flexible arrangement for workers and businesses.
There is another good reason to cheer on the towering inferno in our CBDs.
Bizarrely, it is coinciding with a high-level debate about where Melbourne should be planning its second CBD. Burning usefully idiotic debates is also very much in the public interest.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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