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Industrial, retail, hotels and hospitality are doing well. He believes the residential housing shortage will boost apartment rents by as much as 10% over the next 2 years. Industrial space prices will rise.  This is a very bullish considering the current market conditions.


The office market is more uncertain. Some markets outside of major US cities (think co-working space in the suburbs) is seeing an increase in demand. Yun also believes future economic growth, and new hiring, will have a balancing effect on the remote work trend – bringing more people together in offices.


Today Kastle Systems Back to Work Barometer is up to 44%.  Predicting this will go higher is not telling us much.  Where will it end?  We think around 60% to 70% by the end of the year.  What do you think?