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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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[–] JohnEdwa@kbin.social 14 points 1 year ago

Start converting offices to cheap housing and we can fix both.

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