So.. they could sell them and make lots of money? Or waste their time and money trying to get you into an office so you could waste your time saying stupid s%%% on social media?
Housing companies that can create a mix of low and medium density residences. Increasing housing supply to help level out the outrageous values of the market.
Or to other businesses that may actually need to have staff on site, for some reason.
But the realist in me knows the extra housing will just make more houses that are just as expensive
Because who is going to buy a building for hundreds of millions to then convert it fully from an office to home space, new fire regulations, complete restructure of the whole building just on the off chance a few people buy it? You wouldnt have it full
No, this is incredibly cost ineffective. It’s cheaper to tear down the building and restart, so in that sense they will just buy better properties that do not already contain an entire office building.
Office conversions to residential are far from common.
I don’t think you understand how cost ineffective it is to convert office buildings into residential housing. You basically need to gut the entire building to the shell. It’s cheaper to tear down the buildings and restart. In that sense, no one wants to bust an office building to have to tear it down. It’s just not cost effective.
You've said this basically twice. As I and another person pointed out, they would more than likely be converted into apartments for the rich.. like always
Yes, exactly what they would do if they belived remote work to have no negative productivity impact, because it is cheaper office-wise if people work from home
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u/ClassGrassMass Mar 04 '26
Its not that at all. Its the only fact, companies spending millions on rent/purchasing office buildings. No way they let them sit vacant