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Do Not Fear the Impact of AI on Commercial Real Estate

Hype over the negative impact of AI on commercial real estate is on the rise. To hear some commentary, we should be welcoming our new robot overlords in the hopes that they will deign to give us menial jobs since all knowledge-driven activity will be replaced by machines. Forget about debates over the return toHype over the negative impact of AI on commercial real estate is on the rise. To hear some commentary, we should be welcoming our new robot overlords in the hopes that they will deign to give us menial jobs since all knowledge-driven activity will be replaced by machines. Forget about debates over the return to » The FINANCIAL RealEstate ....

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Colleges still squeezed by inflationary construction costs

Inflation has come down from last year’s soaring heights, but colleges are still feeling the effects of supply chain issues and labor shortages that keep construction costs high. Last year inflation soared to near-historic highs, prompting colleges to raise tuition or make cuts as they dealt with rising operational costs. Now inflation has leveled off, but the higher education sector is still being squeezed by the lingering effects of elevated costs and ongoing supply chain issues. ....

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