3 ms·
So far, I suspect every dollar lost on commercial real estate has been gained on residential. In many cases, the uplift in residential value is directly attrib
by benjaminwootton 4y ago
So far, I suspect every dollar lost on commercial real estate has been gained on residential.
In many cases, the uplift in residential value is directly attributable to WFH (e.g. where a home office or more rural property becomes more desirable.)
- seadan83 4y agoHow does thus work? I still live in the same place as before. If anything, less people want to live here because proximity close to work is less important. Some places gained value for sure, I think Bend Oregon is a very notable example. I don't think it is 1:1 as not everyone up and left where their office became a ghost town.