In this Blue Vault Minute, Stacy Chitty (Managing Partner, Blue Vault), considers the effect of high office vacancy rates on property values and the banking system.

The Real Villains of Today’s Housing Market
The tale of the housing market over the past few years, in which big Wall Street firms and greedy Airbnb investors elbowed out first-time buyers and drove up home prices, is appealing. It's nice and tidy, with a clear delineation between good guys and bad guys. But it also misses the mark.