"Rising Expenses Trigger Budget Crisis in Urban Offices"
The rise in remote work and decline in tourism have led to a budget crisis for big cities like Boston and San Francisco, with cities across the US facing financial woes. Expiring federal funds and declining tax revenues are contributing to the problem, while inflation and the migrant crisis are adding to the financial strain. States and cities are grappling with long-term structural adjustments and uncertain fiscal outlooks, with pressure from societal issues and unexpected costs further complicating the situation.