McKinsey said cities could adapt to the declining demand for office space by “taking a hybrid approach themselves,” developing multi-use office and retail space and constructing buildings that can be easily adapted to serve different purposes.
McKinsey said cities could adapt to the declining demand for office space by “taking a hybrid approach themselves,” developing multi-use office and retail space and constructing buildings that can be easily adapted to serve different purposes.
Airbnb and Speculative Real Estate, sure, but in the US, Canada, and the Central EU countries, all the existing real estate is largely owned by the older Baby Boomer generation and their kids. Millennials have zero chance to buy any of that due to their lower ownership of total wealth in these areas, and the speculative pricing BS that is overvaluing the entire market BECAUSE of bullshit like Airbnb potential being factoring. It’s a losing proposition.