WeWork’s Potential Bankruptcy: What Will Be The Effect On Office Vacancy Rates?
Allwork
AUGUST 22, 2023
San Francisco’s very high vacancy rate is perhaps an outlier to a certain extent as it has increased almost 20% since before Covid (Q4 2019), compared to between 10% and 14% for other major U.S. Its present difficulties were not caused by a flaw in the business model, as Fortune magazine erroneously suggested a couple of months ago.
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