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Technology@lemmy.worldEnglish · 1 year ago

Office real estate crash will be so sharp, values unlikely to recover by 2040

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Office real estate crash will be so sharp, values unlikely to recover by 2040

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Technology@lemmy.worldEnglish · 1 year ago

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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

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.

https://fortune.com/2023/06/23/commercial-real-estate-crash-office-values-unlikely-to-recover-by-2040-says-capital-economics/

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1 year ago
100% that and tax breaks for having people in the city for work.

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