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Crisis in Commercial Real Estate
This chapter explores the looming crisis in commercial real estate driven by the shift towards remote work, prompting companies to reassess their office space needs. It discusses the intricate financial dependencies between occupancy rates, property values, and local government revenues, illustrating potential repercussions of a market collapse. Additionally, the chapter critiques societal distractions that overshadow crucial economic concerns, advocating for deeper engagement with the commercial real estate landscape.