Sublease inventory in top US markets now exceeding levels of the Dot Com bust and the Great Financial Crisis.

Office spaces could be down 10 to 15% even after the economy recovers, adding that rents in top markets such as New York and San Francisco will continue to experience declines in 2021. 

CRE crisis unfolding.

Let me guess what follows – “bailouts ahead.”

https://www.zerohedge.com/markets/companies-dump-office-space-inventory-swells

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