Reply to post: Balanced by gains in residential real estate values

Remote work wipes $453b off office real estate

DS999 Silver badge

Balanced by gains in residential real estate values

Given how quickly rents are going up in the same cities where commercial real estate values are dropping, real estate investors will be fine so long as they have exposure to both commercial and residential.

It is strange to see rents going up when the need for actually living in e.g. NYC or SF is less than it was before the pandemic. Very strange, that's not what would happen in an unmanipulated market.

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