America's real estate is aging in place, just like its population. Investors and CEOs can't ignore it.

The article focuses on the issue of real estate obsolescence in the United States, highlighting how demographic shifts and changing consumer preferences are rendering many properties outdated. As the baby boomer generation transitions wealth and retires, the housing market has stagnated, leading to a surplus of buildings that no longer meet modern needs, such as outdated offices and warehouses. The article emphasizes that the value of real estate is now defined by its usefulness rather than location, urging investors to adapt obsolete properties for new purposes to remain competitive. It concludes that successful real estate investment will require treating properties as active business assets rather than passive investments. [Extracted from the article]