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They do have better margins due to their tenants signing short term leases at a higher price point. But all this seems fueled by the easy money in VC/Angel lal
by hkmurakami 9y ago
They do have better margins due to their tenants signing short term leases at a higher price point.
But all this seems fueled by the easy money in VC/Angel lalaland, and if WeWork can't get to an exit event before that dance stops, their vacancy rates will soar and they will come crashing down as fast as they have risen.