I keep hearing that empty office buildings are an economic time bomb. I keep hearing that housing inventory is low which is why house prices are high. Why can’t we convert offices to homes?

Question

I keep hearing that empty office buildings are an economic time bomb. I keep hearing that housing inventory is low which is why house prices are high. Why can’t we convert offices to homes?

In: 4298

Answer 1

Its like converting a car into an EV. You CAN do it, it’ll just be way more expensive and you probably wont end up with a very good EV. So you might as well just buy an ev from the factory and save money unless you have a really compelling reason