This is farcical. Commercial real estate is being bought up at very fast rates because, in every state that I have looked into, the deal for developers is getting better and better.
In a world of remote workers without retail, commercial real estate has taken a big hit.
In my area, that means that there are 4 malls that are planned for demo, and one with a lot of vacancies, not to mention untold strip malls ready for the same fate.
These properties are all being rezoned to mixed use or residential development. All of them.
In a world of remote workers without retail, commercial real estate has taken a big hit.
In my area, that means that there are 4 malls that are planned for demo, and one with a lot of vacancies, not to mention untold strip malls ready for the same fate.
These properties are all being rezoned to mixed use or residential development. All of them.
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