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.

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.

  •  JasSmith   ( @JasSmith@kbin.social ) 
    10•1 year ago

    This isn’t surprising given the enormous social shift to working from home. I’m just surprised how slowly corporate valuations are sliding. I think we’re going to see some major moves soon as leases and mortgages come up for renewal.