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Walla_Walla_26 t1_j9tr949 wrote

Reply to comment by liverpoolFCnut in Pimco-Owned Office Landlord Defaults on $1.7 Billion Mortgage by downboat

Can an implosion is the commercial real estate market seep into the residential market? Somehow I think yes

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Manchu_Fist t1_j9ttruh wrote

I mean. It would have to wouldn't it?

Workers live by work. If there is no work at the place of work then there is no point to being by work.

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Sharp-Double-3244 t1_j9wwubk wrote

It should lead to more condo conversions. That will help alleviate housing supply and rents.

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EyyYoMikey t1_j9yl7sw wrote

That would definitely benefit the economy overall. Gonna make people working in trades raking in money

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