Home › Forums › Housing › Office rents going down, vacancies way up….. › Hmmm… If I were a builder
Hmmm… If I were a builder I might think now would be a good time to build… materials and labor are cheap at the moment.
That’s only part of the equation.
What about financing ? What about the trend of pricing (if selling) or lease rates (if holding) between now and when I bring it to market ?
It might be a good time to do repairs, remodels and the like, but I think it’s a little early in the cycle to make money building commercial property.