Cushman: Now is the Time to Fight Climate Change

As sea levels rise, the reality of climate change’s impact on the commercial real estate industry is becoming clearer, reported Cushman & Wakefield, Chicago.


“Aging and mortality are glacial and largely predictable. Based purely on changing demographics and population growth, there is enough homebuyer demand to meet most of the existing inventory that will come onto the market over the next decade and beyond from older homeowners.”
–Gary V. Engelhardt, Professor of Economics in the Maxwell School of Citizenship and Public Affairs at Syracuse University, in a new MBA RIHA study, Who Will Buy the Baby Boomers’ Homes When They Leave Them.