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One Bubble Is About to Pop...and No One Is Talking About It
Townhall ^ | 07/12/2023 | Matt Vespa

Posted on 07/12/2023 6:53:17 PM PDT by SeekAndFind

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To: All

Sorry matt; They are neither willfully ignorant or blissfully unaware; They are counting on it.


21 posted on 07/12/2023 8:15:09 PM PDT by LegendHasIt
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To: SeekAndFind

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.


22 posted on 07/12/2023 8:43:23 PM PDT by Sequoyah101 (Procrastination is just a form of defiance.)
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To: SeekAndFind

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


23 posted on 07/12/2023 8:44:04 PM PDT by qaz123
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To: AlaskaErik

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.


24 posted on 07/12/2023 8:47:47 PM PDT by qaz123
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To: SeekAndFind

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”


25 posted on 07/12/2023 9:13:32 PM PDT by FrankRizzo890
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To: SeekAndFind

.


26 posted on 07/12/2023 9:27:07 PM PDT by sauropod (Sun Tzu: “The supreme art of war is to subdue the enemy without fighting”)
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To: AlaskaErik

See, moderate Republicans aren’t totally bad, just mostly bad.

The harsh direct conflict is exciting to me.


27 posted on 07/12/2023 9:27:10 PM PDT by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: Larry Lucido
Rents will come down, and a few high-rises will revert to their respective lenders who can then dump them for a good price or become landlords.

You're assuming these properties will still have value. But we are in uncharted territory, where people are literally fleeing these cities because of local governments' refusal to prosecute crime while these cities fill up with drug-addled criminal homeless. The only potential buyers in that scenario will be, potentially, China or Blackrock.
28 posted on 07/12/2023 10:10:01 PM PDT by fr_freak (Such a foul sky clears not without a storm.)
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To: SeekAndFind

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.


29 posted on 07/13/2023 4:36:30 AM PDT by motor_racer ("We're gonna punish our enemies, and we're gonna reward our friends" - Barak Obama)
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To: SeekAndFind
...it doesn't help that we have a president who gets outright exhausted after a few days of work...

A few days? That's optimistic. He gets exhausted after a few HOURS of work.


30 posted on 07/13/2023 4:40:40 AM PDT by COBOL2Java ("Life without liberty is like a body without spirit." - Kahlil Gibran)
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To: SeekAndFind

“ 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.


31 posted on 07/13/2023 7:08:29 AM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
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Comment #32 Removed by Moderator


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