this post was submitted on 29 Jan 2024
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I think there is a bigger chance of people starting to default on their student debts and on their stupid car loans than the commercial real estate alone causing anything.
You can literally just convert office buildings into apartments if you want.
Exactly this. If not utilized by companies most of these office buildings will be sunken investment.
There's a very informational video here detailing the challenges of converting office buildings into residential.
https://youtu.be/FQOgOhheSi4?si=Wciv_kGUWurhmBy-