Source: Scotsman Guide —
Put simply, good investments follow popular opinion and appeal. The value of an asset usually depends on its popularity. If many people start liking something, it will tend to cost more. While this is the basic tenet of supply-and-demand economics, it has broader implications for office space.
There’s a realignment in the value and desire for office space that is following demographic trends. As workers migrate into secondary markets and away from big cities at a faster rate than in years prior, there will be a lack of supply to meet the demand. Therefore, office space in smaller cities should become more appealing to commercial real estate investors and the mortgage brokers who work with them. This is the story of the outpost economy.
0 Comments