4 ms·
What about real estate?
by btbuildem 6y ago
What about real estate?
- DeonPenny 6y agoNo one knows when people will be moving back into cities and rents in places like SF have dropped I think 16% in some areas. No one knows if ever they will get that back, or how much it will drop. Its a complete unknown
- UncleOxidant 6y agoMaybe residential, but I think office & retail space is a very bad investment now. Covid accelerated a couple of trends: The work from home/remote trend and the moving of retail sales online. I don't see those turning around anytime soon even if we get a vaccine. Companies are finding that their employee productivity is at least on par with office-based employees and now they're eyeing all those savings on rents. A lot of leases not being renewed this year.