Are newly empty offices the solution to a lack of housing?Anchor Admin August 12, 2020
The result may be that high-rise office buildings have much lower occupancy rates in future, and that has got some in the commercial real estate sector thinking about how these spaces might be retrofitted, realtor.com reported recently.
Ben Carson, U.S. Housing and Urban Development secretary, told Fox News in an interview in June that the remote work trend may “free up a lot of commercial space, which can be converted to affordable housing”. He said that his department was already looking at ways in which it might help to facilitate that transformation.
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