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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[–] sectorfour@kbin.social 1 points 1 year ago

Interesting. My wife and I were discussing the possibility of opening a laundromat in the next couple years. I wonder if the possibility of cheap real estate would help in the short term, or somehow hinder this down the road.