If you're betting that the lull in demand is a temporary thing and in the not too distant future people will start paying the prices they did before, then it ma

If you're betting that the lull in demand is a temporary thing and in the not too distant future people will start paying the prices they did before, then it makes perfect sense. On a larger scale, even if you know some locations are never going to see the demand they once did, so long as some fraction do recover, then it's an overall winning strategy. Where that breakeven point is exactly is tough to say, but I'm sure you can find a good number of people bullish on long term commercial real estate.