re: What to do w/ $500,000

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Ive been remote for like 17 or 18 yrs, so this doesnt really affect me personally- but im wondering what you are hearing in re to ‘return to work’ policies , since you are intimately familiar and have skin in the game.. i am hearing mixed things; of course most employers want employees back in the office, but since the labor market is tight - many employees are tying their job searches to which jobs let them work from home, at least for a few days per week.. What are you hearing re commercial real estate and return to work ?

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The truth is, nobody knows. Office is really scary to invest in right now - which, of course, could mean that is exactly the right time to do it. I'm taking a "let other people find the new normal with their own money" approach before I wade in, if at all. For sure, core, well-located office will one day prove to be a spectacular distressed trade. What you need to worry about is a lot of the suburban and infill product that is offered for purchase "below replacement cost". Your first question should be, "yeah, but would anyone actually replace it?".