Dunno why they've moved it other than perhaps Worcester has better ridership retention.
I think it will substantially recover during that time frame, but it probably will take the full two years.
Their best case for the Bus and Subway was 80% by Early 2022. When you factor in the economy, that's basically substantially recovering. It's just the CR that lags.
I think the two lasting shifts, that will dramatically impact T demand are going to be:...and at 80% the remaining gap hitting CR and ferry hardest can be standard-issue attributed to the economic recession. Proportionately that's about the size of the dinger in any economic downturn, so by that point we're more or less dealing in conventional wisdom once more. This will be a longer-lasting downturn for sure, but the properties of it won't be anything strange or novel to us for how those lagging indicators behave.
Total post-COVID recovery shifts in telecommuting would be lost in the statistical noise of projected annual congestion increases in a 'regular' workforce, so the world being changed by this whole saga doesn't mean that the recovery prospects of that malingering last 20% is any big crapshoot. Maybe WFH changes make the last 10% of recovery a little slower and more stubborn with the most-affected modes, maybe not. Any which way congestion effects will be stiffly reasserting themselves once more when we're inside that 85th-90th percentile, so we'll be back to largely the same commute stressors as before determining demand & behavior regardless of whether the office environment sees lasting changes. But enough fatigued employers have also sounded-off in the last couple months now on how WFH is such a much poorer substitute for the real thing with limitations on its shelf life (esp. for large-scale employee engagement) that--despite where you might land on the sliding scale of predicted permanent shifts--it's pretty clear by now we're not looking at a full-on "The office is O-V-A-H!" level total sea change like some were boldly predicting after Q1 of the pandemic a few months ago. The remaining unknowns there kind of slot within the boundaries of traditional decade-shift generational changes in work habits. We've been through that before. To WFH vs. To Not WFH probably won't be too cosmically off-scale a change as recurring generational shifts go.
I totally agree. I think the implication for the T is very clear: while the CBD remains central, the "pendler" commute (as regular as a pendulum) will not. The need to get downtown will be spread across both the hours of the day and the days of the week.Much more WFH for at least a couple days a week (general office workers) = less demand every day of the week.
More flexible start/stop times for in-office periods = more demand spread throughout the day.
This is precisely what my company is looking at. We want some in office time, because there is still tremendous value in water cooler collaboration. But we also understand that people can be very productive in other ways from a remote location. We plan to consolidate some office space, but very much expect in office work to continue for most people at varied and flexible times. In many cases, that might mean coming in for a portion of a day, and transportation options will need to shift in order to address such patterns.Much more WFH for at least a couple days a week (general office workers) = less demand every day of the week.
More flexible start/stop times for in-office periods = more demand spread throughout the day.
There's probably also going to be a big shuffle for the rich--the number of home for sale in Winchester is crazy, but I can't quite figure out who's buying and selling? Maybe this is a clear "if the kids aren't in public school, you don't need to live in Winchester" ?
I think a lot of that is opportunistic selling. Property values in the first ring 'burbs have skyrocketed during COVID, so more people are listing to try and take advantage of that.
In my own case, we moved from downtown Boston to Winchester a couple years ago for good (but not insanely high pressure) schools, and room for our ADHD kid to move around. Lack of in-person public schools has us seriously considering moving back to the city and going w/private school.Maybe this is a clear "if the kids aren't in public school, you don't need to live in Winchester"
From today's Washington Post:This is precisely what my company is looking at. We want some in office time, because there is still tremendous value in water cooler collaboration. But we also understand that people can be very productive in other ways from a remote location. We plan to consolidate some office space, but very much expect in office work to continue for most people at varied and flexible times. In many cases, that might mean coming in for a portion of a day, and transportation options will need to shift in order to address such patterns.
"Corporations report the pandemic is prompting permanent changes in how they operate.
With the end of the crisis still months away at best, 64 percent of corporate decision-makers surveyed by S&P Global Market Intelligence said they are making permanent a significant increase in remote working. And one third say they will permanently shrink their office footprint accordingly, according to the survey, out today."
That's really bad news for Boston if that ends up being true.
Going back to my own company's plans, we are going to sell some parking lots and office buildings for housing development. That's not necessarily a bad thing for the city.That's really bad news for Boston if that ends up being true.