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I hope this is the direction we see, but going from offices/commercial to residential is a much heavier lift than just zoning. Like, just consider the plumbing
by eropple 5y ago
I hope this is the direction we see, but going from offices/commercial to residential is a much heavier lift than just zoning. Like, just consider the plumbing situation in a reasonably large office building. People living there will require more significant renovations than just putting up new walls. It is fixable, but it isn't cheap, and because it isn't cheap, "will it happen" gets some question marks.
- busterarm 5y agoI'm not discounting any of that. Definitely won't be easy and that's why I say about a decade before we really see a shift.