>Under what criteria? If maintaining the property value is a better move in your risk analysis, over making income from renters. Maintaining the value of your

>Under what criteria? If maintaining the property value is a better move in your risk analysis, over making income from renters. Maintaining the value of your $100M+ tower makes a lot of sense if you are expecting commercial real estate to turn around soon. If you convert it, it will probably never be able to sell for more than a fraction of that and investors get hosed. >posit circumstances Massive deregulation in what qualifies as legal arounding housing would be one major chip. The other would be massive devaluation (which probably depends on the former point), such as massive amounts of housing going up in neighboring areas.