Bank of China Unit to Buy Bryant Park Building in NY

The transcript discusses JP Morgan's real estate deal, highlighting its strategic value amidst rising construction costs. It explores the significant role of Chinese investment in US real estate, particularly by the Bank of China. The conversation shifts to the shared workspace trend, focusing on WeWork's business model and its potential expansion into shared living spaces. Concerns about the viability of shared workspace tenants and the sustainability of such business models are also addressed.

In what ways do shared workspaces differ from traditional office spaces?

What challenges might arise from the concept of shared living spaces?