AP- Though sentiment around the
office market has sunk drastically, some economists believe that the fears
of an urban 'doom loop' might be too extreme.
This article is pretty funny. The title and start give an ‘opinion’ that things
may turn out fine, and then goes on to cite data that would objectively lead to
a very different conclusion. In an effort to be positive, I’ll say that the
next few years will vary market to market so to paint a broad stroke of doom
and gloom would be irrational. I think there are some smaller submarkets that
could perform well that have untapped potential as of now.
my area of Snohomish County, WA, while I don’t believe it will be immune from
all negativity has considerable room to grow given current zoning opportunities
as well as companies looking for more affordable space than what they could
find in areas of Seattle, Bellevue, Etc.
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