Office vacancy rates are also at record highs in many countries, the result of more remote and flexible work.In the U.S., central business districts had the largest rise in vacancies, which are still evident today.
Stuck at home and with more cash on hand, people also began investing more, with roughly 27 per cent of total U.S.equity trading coming from retail investors in December 2020.
The space, measured in square metres, edged up almost 1 per cent from 2022 to 2023, an increase that should extend to 2.7 per cent by 2028, data from market research company Euromonitor shows.
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