Some of America's largest cities risk falling into an economic "doom loop." Midsized cities could see higher tax rates and plunging property values as office demand falls. That's thanks to work-for-home trends, which have battered the commercial real estate market in hubs like Atlanta, Chicago, and Denver. "The problem that smaller cities have is that, often, there's not a whole lot of other things that cities have to offer in their downtown areas besides the commercial office district. Experts have warned for months of trouble in the overarching commercial real estate sector, which has struggled to bounce back from the pandemic.

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Persons: Stijn Van Nieuwerburgh, Nieuwerburgh, Nieuwerburg, there's Organizations: Service, Columbia School of Business, National Association of Realtors, CNBC Locations: America's, Columbia, Wall, Silicon, Atlanta , Chicago, Denver