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A comment on Office real estate crash will be so sharp, values unlikely to recover by 2040. Parent comment

Re:Office real estate crash will be so sharp, values unlikel... by Spooky23 on Sunday June 25, 2023 @08:44AM (#36467624)
The real issue is plumbing. You need more plumbing in residential real estate.

Many buildings are difficult to retrofit because they use a type of compressed concrete floor that cannot be safely drilled. Cheaper to demo.

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Re:Office real estate crash will be so sharp, values unlikel... by drdec on Sunday June 25, 2023 @09:40AM (#36468086)
Right, you demo the existing building and rebuild one that will satisfy the window per bedroom requirement efficiently. I'm sure people reading HN can imagine a multitude of solutions.

We just need to reach the tipping point where the demo/rebuild cost is lower than the expected gain.

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Re:Office real estate crash will be so sharp, values unlikel... by Spooky23 on Sunday June 25, 2023 @12:07PM (#36469706)
Real estate is all about tax schemes. If the market goes as predicted, Congress will update the rules and there will be a demolition rush.
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Re:Office real estate crash will be so sharp, values unlikel... by photonbeam on Sunday June 25, 2023 @12:33PM (#36469979)
Can they run the plumbing on the outside of the building?
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