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June 2023

Bloomberg: U.S. commercial offices may plummet by 35% and it will be difficult to rebound before 2040

2023/06/24 Liberty Times U.S. commercial office building vacancy rates are climbing due to weak demand for office space due to hybrid work models. (Schematic, Bloomberg) Capital Economics predicts that due to weak demand for office space due to hybrid work models, U.S. commercial office prices will plummet by 35% from their highs by the end of 2025, and will not have a chance to return to their...