News@lemmy.world

news@lemmy.world

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Modlog

return2ozmatoNews@lemmy.world·10 months ago

Third-tallest tower in Los Angeles sells for 45% less than last purchase price as remote work, interest rates drive down office values

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Third-tallest tower in Los Angeles sells for 45% less than last purchase price as remote work, interest rates drive down office values

return2ozmatoNews@lemmy.world·10 months ago

Remote work hits LA office space, Aon Center sale shows | Fortune

With almost 30% of downtown LA office space available for lease or sublease, the value of the 62-story Aon Center plummeted.

calypsopub
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10 months ago
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We should ban foreign nationals and corporations from owning real estate here, with reasonable exceptions.
- MotoAsh
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  No exceptions except immigration. Your corporation needs a factory? Fine, the land and building will be owned by the US and you will pay to rent it.