Talk of The Villages Florida - View Single Post - Working from Home
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Old 09-04-2023, 06:37 AM
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Originally Posted by Boomer View Post
Well. . .working from home is beginning to wreak havoc on office buildings where I come from. All the “space available” signs are a bit unnerving. A few are beginning to convert to condos and apartments, but probably not fast enough. Soon the maintenance will go…….

I remember the days when if you owned office or retail commercial property, you were well set.

Now, here we are. . .never more connected, yet never more disconnected.

Boomer
Commercial real estate is the number one “No, no” in investing right now. Several banks have foreclosures on commercial real estate. The market will have pieces laying around for years to come. Closing and closed shopping malls aren’t going to help the situation either. The ugliness of the buildings or dead skeletons will be around for some time.
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Last edited by Normal; 09-04-2023 at 06:43 AM.