If the commercial real estate market is in distress, due to the rise of hybrid work, then might I suggest that one of their off-ramps from crisis could be taking note of the fact there is an under-supply of housing in this country. I get that we never have time for rational solutions in modern society, but I point this out nonetheless.
Discussion
Yes!
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(Yes, I understand that commercial structures don't typically have the correct plumbing and HVAC configurations for residential use. And, that this would require significant regulatory changes from local governments. But these would all be tractable problems, if we just got out of the way of the market, here)
It's hard. But the money and demand is there!
I think it will happen as well. The building I work in is about 40% occupied. Was probably 95% before the pandemic. Once the long term leases expire, building owners will have to accept further losses or look to convert for residential or other usage.
Yes. There is a shortage of affordable, accessable housing in this country. And home builders are aware of this. Zoning laws and lots size restrictions sometimes prevent them from providing good alternatives. Converting commercial development to residential is another option that should be considered.
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"in this country"
🤦♂️
I care about my backyard, yes.
Muricans not only believe they are the centre of the geographical world, but also the internet. w ow.
This has nothing to do with thinking I'm at the center of the world. That's particularly uncharitable interpretation of my disposition, here.
by saying "in this country", you are expressing exactly what you are denying.
Yes, I have a particular interest in land use policy in the United States and how it's contributed to an affordability crisis. I have spoken extensively on this topic.
There are parts of the world that have a much better and sane approach to land use and housing policy. So I don't see why I must be forced to speak in general terms to fend off your accusations of Americentrism.
You miss the point completely. By starting a thread with "in this country", you assume everyone lives in the same country as you. You assume your audience. I have neither the time nor the interest to explain this to you any further than I already have. Your message I agree with. The way you express it, is what I have addressed.
I don't assume that, at all. I maybe assume that people understand where I live. To the extent you do not care about US domestic issues, I suggest you proceed to ignore me on this point. Or entirely on all points.
Many people who speak the imperial and colonial language live all over the world.
