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Remote Work to Wipe Out $800 Billion From Office Values, McKinsey Says
(www.bloomberg.com)
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this post was submitted on 13 Jul 2023
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Maybe we could get them converted to residential units to get cheaper housing.
Isn't it really expensive converting officespace to residential though? Given the layout of plumbing, elevators etc. Would assume that alot of the time it would just be cheaper to tear it down ☹️
It's just like converting anything else into a multifamily building.