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.

  • thekernel@kbin.social
    link
    fedilink
    arrow-up
    4
    ·
    1 year ago

    No need to worry, Im sure the investment banks are slowing moving their holdings into pension funds and similar.

    • terath@kbin.social
      link
      fedilink
      arrow-up
      1
      ·
      edit-2
      1 year ago

      Space in cities is valuable no matter the use. If you were hoping the owners of these spaces would lose money you are focused on the wrong thing.

      The interesting part of this is what these spaces might become if they are not offices for the top 10%.