9min chapter

On The Market cover image

“Return to Office” Could Change the Housing Market, But Not How You’d Think

On The Market

CHAPTER

Transforming Spaces: The Office-Residential Shift

This chapter explores the effects of converting office spaces into residential properties, particularly in central business districts. It highlights trends in occupancy for various classes of office spaces and the challenges posed by declining demand, while also noting a resurgence in residential property values in certain urban areas. The discussion emphasizes the evolving dynamics between urban and suburban markets shaped by the pandemic and technological advancements.

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