Builder discusses the pros and cons of converting commercial real estate to residential housing

The housing market is witnessing innovative efforts to combat the inventory crisis. One such initiative involves repurposing commercial properties into residential units.
As part of Yahoo Finance's Real Estate: The New Reality special coverage this week, Housing Reporter Dani Romero explores the conversion process of a former WeWork workspace alongside Vanbarton Group Managing Director Joey Chilelli, to discuss a notable example. They walk through an office space that will be turned into a 75-unit apartment building, examining the process and how such transformations can alleviate the housing shortage.
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[@siriusblack745]

It's not about quality it's about cost. Most people can't afford the ave cost of Apt or homeownership

[@Koushi82]

Cons lower property values for residential.
And lower rent
Pro is they get a bailout using tax money again not prop taxes cause landlords pay nothing