Comments by "Immudzen" (@Immudzen) on "Work from home is decreasing inflated commercial property values" video.

Maybe if the city had a more balanced mix of living and office space this would not be such an issue. It would also be less of an issue if the rents demanded where not so extreme and landlords refused to lower them in the face of falling demand. I moved to Germany for a PhD and what I noticed is that in German cities this doesn't seem to be an issue. You mostly see buildings with stores on the bottom and apartments above them. The areas are dense and walkable. People want to live there because it is a nice place to live. It is also much easier to go to the office if you can just walk to the office.
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@sct4040 That is why mixed use, walkable neighborhoods work MUCH better. They are much more resilient. If you have office space, residential, and light commercial all mixed then people will still want to live in the area. I love the european cities I have been to which have light retail on the ground floor and apartments above it. It creates a nice cycle of demand that helps keep the system in balance.
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That is why we need to build better cities. Work from home seems to have had very little impact on European cities. Mixing apartments, shops, and office space together is much more resilient and walkable areas are nicer to live in.
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@cbremer83 I used to feel the same way until I moved to Germany. I realized what I hate is all the cars, the sound, the traffic etc. Walkable cities are quite nice. It is nice and quiet, people are walking around, sittings at cafe, etc. I just feels better.
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If New York had a better mix between residential and commercial usage and the rents where not artificially forced so high a lot more people would like to live there. New York is killing itself. The landlords have an incentive to leave a building empty instead of renting it for a lower price. That is just not a way for a city to survive.
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