Why 2022 Could Be a Tough Year for Office REITs
When the coronavirus pandemic first struck, office spaces were one of the hardest-hit areas of the real estate market, sending many people who could do their jobs remotely home. Now, just a few months shy of the pandemic's second anniversary, many of those workers who went home to work are still home.
While life has gotten more normal and progress has been made toward ending the pandemic, new coronavirus variants have made office returns tricky, and many companies have realized their employees can be just as effective working from home as they are in the office. All of this could lead to another tough year for real estate investment trusts (REITs) that focus heavily on office space.
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Source Fool.com
