Since the pandemic, cities across the country have faced a frustrating contradiction. On one hand, housing costs have soared, worsening homelessness and pushing residents to the edges of metropolitan areas. On the other hand, the rise of remote work has left once-thriving downtown office buildings standing eerily empty, with the national office vacancy rate set to reach nearly 20 percent by this year’s end, according to commercial real estate firm CBRE.
Read more: https://tinyurl.com/3a2fruua