Data: CoStar, Trepp, Barclays Research; Chart: Kavya Beheraj/Axios
More than two years after COVID-19 upended the world of work, signs of a slow-motion crackup in office real estate are emerging.
Why it matters: Fresh commercial real estate data suggest that working from home (WFH) is becoming a permanent feature of the American economy, a development that has major implications for everything from housing prices to transportation policy to municipal finance.