Re:The high price of empty office space
by baggy_trough on Saturday December 30, 2023 @04:36PM
(#38819433)
> Ideally any new office space or residential would require a plan to convert to one or the other before being approved
That would be an excellent way of making new buildings too expensive to build.
Re:The high price of empty office space
by wolverine876 on Saturday December 30, 2023 @05:51PM
(#38820081)
Maybe we let failing businesses fail and be replaced by new, productive ones. Real estate is a risk; why do investors get the upside but now the down?
The worst scenario is that businesses en masse begin breaking their leases and the buildings quickly fall into disrepair. I’m sure there’s people working on a solution to move all the plumbing and infrastructure out of a central core to make better use of these structures. It might be best to keep things as they are until that happens.