Originally Posted by
Ben Rhimene
In general? No, because the world isn't getting bigger so unless you build up this is all the space we have.
Specific markets absolutely crash. The 2007 financial crisis crushed many of the growing cities. Speculators could no longer borrow, and the vacation home crowd stopped buying for years, which hurt many of the previously hot markets. The WFH fad will impact CBD commercial real estate as well as places commute friendly hecause commuting is no longer a requirement for some. Personally, I would be cautious with real estate until we get a better sense of what work/commute looks like post-pandemic. We are already seeing stock prices/performance of pandemic darlings drop faster than overall market.