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Commercial Real Estate Is Crashing In Europe: Offices Obliterated, Retail Routed

 
Anonymous Coward
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05/10/2020 09:43 AM
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Commercial Real Estate Is Crashing In Europe: Offices Obliterated, Retail Routed
The trajectories suddenly turned into the same direction: down for all, but to different degrees, some sectors barely ticking down and other sectors dropping more sharply. And retail properties plunged.

Here is a first taste of the dynamics in Europe, where the lockdowns started earlier than in the US – in Italy, local lockdowns started on February 21, nearly a month before the first local lockdown in the US, the San Francisco Bay Area.


[link to www.zerohedge.com (secure)]
Anonymous Coward
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05/10/2020 09:46 AM
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Re: Commercial Real Estate Is Crashing In Europe: Offices Obliterated, Retail Routed
I think it's all going to crash, soon here also..........which sux but hey maybe we can all work for the gub?
Anonymous Coward
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05/10/2020 09:46 AM
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Re: Commercial Real Estate Is Crashing In Europe: Offices Obliterated, Retail Routed
Many office workers now working from home won't want to return to the office. More efficient to work at home. Companies will see this as a chance to reduce office rental costs. Expect many empty commercial office buildings soon.
Anonymous Coward (OP)
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05/10/2020 09:46 AM
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Re: Commercial Real Estate Is Crashing In Europe: Offices Obliterated, Retail Routed
I think it's all going to crash, soon here also..........which sux but hey maybe we can all work for the gub?
 Quoting: Anonymous Coward 78866114


Many office workers now working from home won't want to return to the office. More efficient to work at home. Companies will see this as a chance to reduce office rental costs. Expect many empty commercial office buildings soon.
 Quoting: Anonymous Coward 78292714


Who would?....covid 19...
Anonymous Coward
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05/10/2020 09:50 AM
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Re: Commercial Real Estate Is Crashing In Europe: Offices Obliterated, Retail Routed
This is why the free monies ?
Anonymous Coward
User ID: 77474919
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05/10/2020 09:54 AM
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Re: Commercial Real Estate Is Crashing In Europe: Offices Obliterated, Retail Routed
Good. Overpriced crap. Working at home is the future.
Anonymous Coward (OP)
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05/10/2020 09:55 AM
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Re: Commercial Real Estate Is Crashing In Europe: Offices Obliterated, Retail Routed
This is why the free monies ?
 Quoting: Anonymous Coward 78866114


Good. Overpriced crap. Working at home is the future.
 Quoting: Anonymous Coward 77474919


How will the price of come racial real estate be effected😨
Anonymous Coward
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05/10/2020 09:56 AM
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Re: Commercial Real Estate Is Crashing In Europe: Offices Obliterated, Retail Routed
GOOD
Tenty

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05/10/2020 09:56 AM
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Re: Commercial Real Estate Is Crashing In Europe: Offices Obliterated, Retail Routed
Also, a way for the Elite to outsource more to countries that pay 1/4 what US workers want.
Tenty You Best Be On Lookout
WWG1WGA
Anonymous Coward (OP)
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05/10/2020 12:13 PM
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Re: Commercial Real Estate Is Crashing In Europe: Offices Obliterated, Retail Routed
The trajectories suddenly turned into the same direction: down for all, but to different degrees, some sectors barely ticking down and other sectors dropping more sharply. And retail properties plunged.

Here is a first taste of the dynamics in Europe, where the lockdowns started earlier than in the US – in Italy, local lockdowns started on February 21, nearly a month before the first local lockdown in the US, the San Francisco Bay Area.


[link to www.zerohedge.com (secure)]
 Quoting: Goneviral


GOOD
 Quoting: Anonymous Coward 72823230
Anonymous Coward (OP)
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05/11/2020 09:18 AM
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Re: Commercial Real Estate Is Crashing In Europe: Offices Obliterated, Retail Routed
Also, a way for the Elite to outsource more to countries that pay 1/4 what US workers want.
 Quoting: Tenty





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