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The last two decades were a world of low interest rates where people worked in offices and lived in expensive, high density flats. If commercial real estate has
by indy 3y ago
The last two decades were a world of low interest rates where people worked in offices and lived in expensive, high density flats.
If commercial real estate has already peaked I wonder what the next two decades of development in London will look like?
- topicseed 3y agoThere's a lot of residential in these shots, too. Commercial skyscrapers are more "visible" but there's also plenty of residential being built. Now, it's not affordable and probably outside of most people's means, but it's there and making useless areas like Nine Elms somewhat of hot spots – not everybody's cuppa tea for sure, but some do like it for whatever reason(s).
- sdfghswe 3y agoInterest rates isn't the only input. Arguably population growth and regulation are more important than interest rates.