"Urban Doom Loop"

[fsu813]

Fantastic segment on 60 Minutes last Sunday, covering the growing concern about commercial/office space vacancy across the country, especially in Downtown's.

https://www.cbsnews.com/news/real-estate-owners-saddled-with-half-empty-offices-as-hybrid-work-continues-60-minutes-transcript/

Learned a new term: "Urban Doom Loop"

Seems like the office space-to-residential space conversion movement that has received some press needs urgency to avoid a gigantic turmoil.