Posted on 07/12/2023 6:53:17 PM PDT by SeekAndFind
Sorry matt; They are neither willfully ignorant or blissfully unaware; They are counting on it.
Is everything a crisis or pending crisis?
How much of this is simply headline grabbing?
Sure, people are not using offices as much. They will be reconfigured for immigrants and other miscreants. Fort Apache the Bronx coming to a downtown near you. Wait for it.
Ever been downtown in the business district on a weekend back in the day? Eerie is all that it is. Outside the theater or museum district there was no vibrant night life. The no-go zone was something like 30 to 40 square blocks. A few workmen doing things that can only be done when traffic is absent, security guards, indigents and panhandlers who get a little more bold when nobody is around. Never, never, never go there at night when the zombies invade from the adjacent ghetto. That was Houston on the weekend when I worked overtime or had weekend duty. Can’t imagine now.
once online innovation became established, you could be productive anywhere, and people didn’t need to move to cities as long as there was internet access
The exact reason that liberals are destroying small town America
Out of curiosity, can you provide an example of a Republican led city?
And by, city, i mean a legit city. One with a population in the 10s of thousands. Not someplace like the city of North Pole, Alaska, population less than 2300.
TPTB will run the property values in downtown as low as they can, then buy them up, followed by a crackdown on crime which will cause them the values to go up.
AKA “Let Blackrock own everything on the cheap”
.
See, moderate Republicans aren’t totally bad, just mostly bad.
The harsh direct conflict is exciting to me.
Ok, I’ll be the optimist here. “Return to office” will grow, because the companies who recognized “the benefits of not having an office, leading to cost-saving decisions to cut overhead costs” are making decisions that yield short-term gain, with the illusion of long-term benefits due to the elimination of the expense of offices.
In fact, work from home productivity will continue to decline, albeit slowly, and companies with office presences will MAKE MORE MONEY. As a result, those companies will attract better people because they can pay them more, and they’ll have better access to capital because they are financially more attractive.
A few days? That's optimistic. He gets exhausted after a few HOURS of work.
“ Finally, turmoil in office markets threatens retirement systems and the portfolios of individual people.”
I got my IRA quarterly report yesterday, and the REIT portion took a big hit. Fortunately, I reduced that when the WuFlu shut down commercial properties.
On a side note, another loser was my inflation-proof bonds.
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