this post was submitted on 25 Jun 2023
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The office real estate crash will be so sharp and deep that Capital Economics thinks office values are unlikely to recover by 2040 (fortune.com)
submitted 1 year ago by Girlparts@kbin.social to c/news@kbin.social
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The research firm’s top property economist likens the decline in office demand to what malls have experienced over the last six years—and sees a similar outcome.

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[–] Tigbitties@kbin.social 13 points 1 year ago

Awesome. Turn them into low income housing. And before anyone chimes in with "it isn't cost effective" some buildings are easier than others. Let's start with the easiest ones first.