Remote work risks wiping $800 billion from the value of office buildings in major cities, highlighting the potential losses that landlords are facing from post-pandemic changes in employment trends.
We’re talking about converting unused office space into affordable housing, though. Charging half the rent would qualify it as affordable housing and is still better than no income from an unused building.
We’re talking about converting unused office space into affordable housing, though. Charging half the rent would qualify it as affordable housing and is still better than no income from an unused building.