The Commercial Real Estate Bust Isn't Coming. It's Here

Office towers for 50% off, apartment buildings headed that way fast

Remember that imminent commercial real estate bust? It seems to have started.

Beginning with a little background, the second half of the 2010s was a great time for massive buildings that could be financed for next to nothing and filled with pre-pandemic workers who still thought a “job” meant commuting to an office every day. The average price for a pi…