The US wants to convert empty offices into affordable homes
The government will offer funding and technical support to help cities turn unused workspaces into affordable apartments. US office vacancy rates have hit a 30-year peak as more staff clock in to work remotely. Meanwhile, rents in the country remain at historic highs after a surge during the pandemic converting offices to apartments can be challenging.
Forum Stories newsletter
Bringing you weekly curated insights and analysis on the global issues that matter.