Quote:
Originally Posted by O.city
I'm looking to eventually get into the commercial real estate side of things. Right now, I rent my dental office. It's the same price as the tenant has paid there since 1981, so I'm not in a hurry to move. But I would eventually like to own my building I think.
My plan is to eventually have a little 3 offie strip mall, with my office on the end and rent out the 2 next to me.
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If it's for your own business, that might be great. But in the long run, I think commercial real estate is going to be a declining market. Retail sales places are in a slow race toward bankruptcy as shopping continues to move online, and I think even service businesses are downsizing due to things like telecommuting and offshoring. I don't see much indication that commercial real estate demand is going to go up in the long term.