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Fortunately cities have mechanisms to help them avoid a death spiral.
Accelerated demand for larger apartments falls off as everyone can get away from each other again.
Apparel dominated with luxury a major player, ultimately helping office return and hotel occupancy.
But the study, on 25 nursing homes, depends on interviews done two years ago.
New inventory and active national pipeline lowest in the past decade.
The mean distance to work rose from 10 miles in 2019 to 27 miles at the end of 2023.
The REIT zeros out property bought for nearly $1B in 2019, may give keys to lenders.
The 2.5M SF Brickell project features condos, hotel and office space
The sharp rise in borrowing costs, however, has challenged deal-making.
And interest rates cuts aren't coming until the central bank has 'greater confidence' that inflation is moving toward 2%.