this post was submitted on 25 Jun 2023
111 points (100.0% liked)

News

49 readers
2 users here now

Breaking news and current events worldwide.

founded 1 year ago
111
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
40 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] sectorfour@kbin.social 0 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.