you’re not wrong, they totally could - but not at a profit margin the board/stockholders will accept. really glad I dont have any investments in commercial real estate.
Converting a commercial building to residential use isn’t that easy. For one the plumbing is very different for commercial use and not easily converted for residential. Either way this billionaire can get bent, remote work is better in every measurable way.
OR . . . OR they can convert them to luxury living spaces in the heart of the city for beaucoups de bux.
But fantastically stupid comments like the real estate magnate is making here in the article will be the kicking and screaming before that happens.
you’re not wrong, they totally could - but not at a profit margin the board/stockholders will accept. really glad I dont have any investments in commercial real estate.
Converting a commercial building to residential use isn’t that easy. For one the plumbing is very different for commercial use and not easily converted for residential. Either way this billionaire can get bent, remote work is better in every measurable way.