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 [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] 7 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.