The commercial real estate crash is coming and isn't pretty, but ULI senior fellow Stephen Blank and others say it won't be nearly as bad as the collapse of the residential housing market.
Experts say the commercial crash will be a drag on the economy for years to come, but shouldn't cause the upheaval we've seen.
"The problems in both the residential and commercial real estate sectors combined will, essentially, be a drag on the broader economy, said Matt Anderson, a partner with Foresight Analytics, a real estate consulting firm in California. "The good news for economic growth is that it's not nearly as reliant now on real estate, both residential and commercial, as it had been going into the downturn.""
FULL STORY: Commercial real estate is expected to lag as economy recovers
Traditional Retail is Hanging by a Thread. What Now for Cities?
After Kaid Benfield paints a rather grim retail outlook — where even retail bastions like San Diego are going dark — he suggests a series of actions for city leaders and planners.
Land Trusts Put Commercial Real Estate in Community Hands
A growing movement to create community-owned commercial spaces could shift power away from institutional landlords.
The Future of Ground-Floor Retail
With demand for housing growing and for physical storefronts waning, do the restrictions imposed by ground-floor retail zoning still make sense?
Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The 120 Year Old Tiny Home Villages That Sheltered San Francisco’s Earthquake Refugees
More than a century ago, San Francisco mobilized to house thousands of residents displaced by the 1906 earthquake. Could their strategy offer a model for the present?
Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.
BLM To Rescind Public Lands Rule
The change will downgrade conservation, once again putting federal land at risk for mining and other extractive uses.
Indy Neighborhood Group Builds Temporary Multi-Use Path
Community members, aided in part by funding from the city, repurposed a vehicle lane to create a protected bike and pedestrian path for the summer season.
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