The Reagan White House moved to lower tax rates for developers in the 1980s and then years of low interest rates glutted downtowns with office buildings. Time's up.
    • Grandwolf319@sh.itjust.works
      61·
      2 years ago

      I’ll take an entire floor for the cost of one bachelor unit.

      If you think that’s not fair to the building owner, I agree, they made a bad investment.

      • Cryophilia@lemmy.world
        2·
        2 years ago

        That’s what I’m saying, convert them to ridiculously high end massive floor plan condos, we don’t need whole buildings of studios and 1br

    • Potatos_are_not_friends@lemmy.world
      62·
      2 years ago

      if only there was a solution that wouldnt immediately destroy billions of dollars in commercial real estate.

      Please. Will somebody think of the poor poor investors?

    • dustyData@lemmy.worldEnglish
      51·
      2 years ago

      This might come as a shock to you but, human dignity doesn’t give a fuck about commercial real state value. Because commercial real estate owners don’t give a fuck about human dignity. So reciprocating the same level of care is fine for most.

        • dustyData@lemmy.world
          11·
          2 years ago

          You’re a bad person. I’m glad that you recognize that. It puts my moral judgment at ease to know that you’re perfectly aware that you are a bad person.

    • Redtitwhore@programming.dev
      1·
      2 years ago

      You may be correct but we need to think of solutions. Not just rely on conventional wisdom thats says it’s not possible by current standards

    • LrdThndr@lemmy.world
      33·
      2 years ago

      most standard office floors dont have more than two or maybe 3 restrooms

      Oh no! Too bad they don’t sell common plumbing supplies at the Home Goddamned Depot.