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Metropolitan DC Local Politics
Reply to "Doom loop in cities - Commercial real estate"
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[quote=Anonymous][quote=Anonymous]People are returning to the office. World Bank back 4 days/week, IMF won’t be far behind, Us gov agencies gradually increasing time in office. Secondly, even if people don’t need an office, they need to work somewhere. [b]And they want to live in a vibrant city with walkability, access to restaurants etc.[/b] So there is huge demand for suitable housing and opportunities for office to apartment/condo conversions. The key question is if DC is willing to address crime-without safety and quality of life, people won’t choose to live here.[/quote] Some do, but SFH prices in the burbs have gone up even faster than rents, so clearly not everyone does. [/quote]
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