According to Cushman & Wakefield, the downturn will be intense and short-lived, bringing a certain but nominal decrease in office activity.
Analysts expect the top life science clusters to have a long runway ahead, despite the market dislocation.
In 2017, California legalized the conversion of existing buildings on single-family lots to ADUs and on January 1, 2020, the law expanded to allow every single-family homeowner to add both an ADU and a junior ADU.
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