Curious what your year old prediction was based on.
I predict the office building slump won’t recover….due to labor shortage, as well as population decline.
Agree that this will have severe domino effect.
I was CEO of a technology corp and have watched so many IT companies send workers home to work - including my high-level IT genius son. Large international IT company he works for has no intention of ever returning employees to office. Hear the same for many companies.
That’s a death-knell for commercial office space.
I also was an upper-level exec for 2 Fortune 500 firms (no thanks - gotta run my own business...) for a few years when in my mid-fifties......managing staff, leasing high $$$ office space.....