Those residential units will be worthless too if all the offices close. Why live in the big city and pay huge rents if you work remote? Just move to a cheap area and buy a nice house.
Those huge rents exist because demand exceeds supply (amongst other reasons). People want to live in walkable neighborhoods and not suburbs where you have to drive everywhere to survive.
Those residential units will be worthless too if all the offices close. Why live in the big city and pay huge rents if you work remote? Just move to a cheap area and buy a nice house.
Those huge rents exist because demand exceeds supply (amongst other reasons). People want to live in walkable neighborhoods and not suburbs where you have to drive everywhere to survive.