Demand for urban real estate will be challenged for the rest of the decade. Here’s how the world’s superstar cities are projected to fare by 2030

Many thinkers today, like those bearded sign-bearers in the cartoons, are proclaiming that the end is near, at least for big cities. Is the doomsaying accurate? The good news is that the bleakest forecasts are too gloomy. The bad news is that urban real estate is indeed facing substantially reduced demand. Stakeholders–owners, tenants, cities, investors, and banks–need to adapt, and they need to do it now. As the fog lifts, sitting things out and hoping for a recovery is not an option, write Jan Mischke, Olivia White, and Aditya Sanghvi in Fortune.