As anyone that follows my news summaries and geekonomic posts knows, I'm following the meltdown of commercial real estate. No, don't stop reading, this is probably less boring than some of my geekonomic posts. Promise.
So, anyway, if you've at all been following the news about the economic apocalypse, commercial real estate is proving to have problems. Much like housing, prices are down, occupancy is down, and the market is kind of screwy. Offices and places of business just aren't that occupied
Beyond all the usual reasons about why this is, I'm wondering if commercial real estate now and in the future is going have trouble not just because of the economy and overdone loans but because of changes in business and technology – because, in short, well, kind of because of people like us.