3 ms·
>All of this will have repercussions to the commercial real estate space. Who's going pay for the mortgage if there is hardly any tenant? Converting them to re
by dontbenebby 8y ago
>All of this will have repercussions to the commercial real estate space. Who's going pay for the mortgage if there is hardly any tenant?
Converting them to residential could be one solution. With climate change intensifying weather events, an arcology where you can live, have a few shops, and a food court without ever going outside could be quite useful.
- ghaff 8y agoThe malls going under aren't in the places where real estate is super-scarce. High-end urban malls are actually doing quite well. To a first approximation, no one in a suburb/exurb/small city wants to live (or can afford to) live in some corporate arcology.