Commercial Real Estate Crisis: Economic Implications Ahead
The commercial real estate crisis is emerging as a pressing concern for economists and investors alike, as high office vacancy rates threaten to destabilize the market and the broader economy.Following the pandemic, many businesses have shifted to remote or hybrid work arrangements, leading to an alarming decline in demand for downtown office spaces, where vacancy rates hover between 12% and 23% in major cities like Boston.
U.S. Economy: Concerns Over Recession Amid Trade Wars
The U.S.economy is at a crossroads, facing significant challenges that could alter its trajectory in the coming months.