(Genaro Molina / Los Angeles Times)
The pandemic-driven shift to remote and hybrid work has decreased demand for office space and will steadily lower its value.That has huge implications not just for building owners but also for cities that rely on property tax revenue and the economic vibrancy that office workers generate.
The pandemic-driven shift to remote and hybrid work has decreased demand for office space and will steadily lower its value.That has huge implications not just for building owners but also for cities that rely on property tax revenue and the economic vibrancy that office workers generate.
#years #san-francisco #los-angeles #los-angeles-times #neighborhoods #real-estate #maintenance #affordable-housing #office-space #interest-rates
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