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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 [email protected] to c/[email protected]

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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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[–] [email protected] 20 points 1 year ago (3 children)

Without paywall

Hopefully many offices will be converted into permanent living spaces instead of temporary ones.

[–] [email protected] 10 points 1 year ago* (last edited 1 year ago) (1 children)

While coverting offices to living spaces would be good for cities, there's no lack of living spaces.

There's just a glut of dragons hoarding them.

[–] [email protected] 7 points 1 year ago (1 children)

No idea if this is a common turn of phrase or your invention, but I love the "dragon" reference. People get so upset when I tell them we should "eat the rich", but not even Gaston is against killing dragons that are hoarding the village's wealth and killing our children!

[–] [email protected] 5 points 1 year ago* (last edited 1 year ago) (1 children)

People get so upset when I tell them we should “eat the rich”

And then they vote for genocidal fascists without feeling the slightest pang of conscience. Honest libertarian pacifists, they ain't.

[–] [email protected] 1 points 1 year ago

that's because murdering and killing the poor and dark skinned is completely morally acceptable.

but killing one white billionaire is a unacceptable tragedy.

[–] [email protected] 0 points 1 year ago

U da real MVP