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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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[–] Leeks@kbin.social 6 points 1 year ago

Would love to see the ones that could be easily retrofitted into housing go that way and the ones that can’t go to another purpose like farming.

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