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I think that the big money is out there to consider commercial properties failing little more than a buying opportunity. And they will. It may be more than 40% in some areas as well.

As far as residential properties I think that will vary from state to state even county to county.

I think that the big money is out there to consider commercial properties failing little more than a buying opportunity. And they will. It may be more than 40% in some areas as well.

I don't think so, at least in the short term. The rise of crime in the large cities is causing businesses to relocate and/or use work from home technologies that became widespread during Covid. Many employees don't want to go back to the old days. Even now, a significant portion of the federal workforce is still working from home.

The exodus from San Francisco offices is gathering pace as businesses vacated nearly 2 million square feet of office space in the past three months, adding to the city's problem with vacant buildings.

According to the latest data from commercial real estate firm CBRE, published in July, San Francisco closed the second quarter of 2023 with a record overall office vacancy rate of 31.6 percent, as the city struggles to rebound from the COVID-19 pandemic.