My predictions from three years ago on soaring Vacancy Rates and Sales Tax
Revenue
Shortfalls were exactly RIGHT on the money!
The Tsunami has HIT the
downtown areas and most city governments as well as real estate execs
are drowning in revenue shortfalls!
Predictions of Post-COVID Sales Tax Losses Were Right on the Money
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| Predictions of Post-COVID Sales Tax Losses Were Right on the MoneyCities can no longer rely on the cash cow of downtown office drones. |
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Smart Cities concepts need to be rethought as the perception that corporate real estate and cities would be going back to "business-as-usual" with pre-Pandemic occupancy rates and commuting has been shattered.
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James Carlini, President &