My List of 23 Major US Office Markets, by Vacancy Rates Ranging from Abysmal to Just Terrible | Wolf Street

The news for the office sector of commercial real estate just keeps getting worse. Some tech and social media companies have announced hiring freezes, including Facebook and Twitter. Others have made cutting costs suddenly a priority, promising very constrained hiring, such as Uber. Numerous startups are laying off people, included used-car online dealer Carvana, which fired 2,500 workers last week. Mortgage lenders from Wells Fargo on down have started laying off significant portions of their employees as mortgage lending is now in the dumps.

via wolfstreet.com

In residential real estate in SoCal, prices just keep going up. I fear this means it will soon reach a peak and start to go down. Of course, real estate is too expensive. It would be ok if my house kept going up, and all other houses went down. Doesn’t seem to work that way though.