2 ms·

Now it would be a good time to zone some of those office buildings as flats and offer them for people to rent. Not everywhere, but there are a lot of office are

Now it would be a good time to zone some of those office buildings as flats and offer them for people to rent. Not everywhere, but there are a lot of office areas that are perfectly inhabitable. That would solve the weaker demand for office space and help keeping the price of rent under control at a time when inflation is high (and probably will get higher). edit:conjunctions

erik_seaberg 5y ago
It might be hard to persuade a city to change the zoning and building and fire codes. Especially in California, a lot of big cities prefer more business space and less housing because of tax revenue vs. costs to provide services, and current homeowners (reliable voters) are enjoying equity appreciation from the shortage.