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Reply to "I think the bubble is popping."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I live close to downtown, and neighborhoods are absolutely packed. They have been since May. Downtown office buildings are definitely quieter, but it's July in DC and some places are targeting a Labor Day open. Residential rents are also increasing across the board, at least in Dupont/Shaw/Logan Circle/U Street/Columbia Heights.[/quote] The people who think WFH will be a sea change need to start pointing to substantial differences in the CRE, i.e. for offices, market. Otherwise, I'm not buying that WFH is a permanent thing. [/quote] Oh, post pandemic world will be different. Our organization will allow people to choose a hybrid model and many will use this option. Very few will be going back 5 days a week. [/quote] Different (to some degree) is a given. I'm still looking for specifics that will impact the Res RE market. It seems everyone is guessing.[/quote]
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