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I would think/expect that long term demand for the services provided would continue to exist/grow, so probably just short term commercial real estate impact?
by wyldfire 7y ago
I would think/expect that long term demand for the services provided would continue to exist/grow, so probably just short term commercial real estate impact?
- short_sells_poo 7y agoProbably, but the key issue is how levered WeWork is. It's the same really as taking out a mortgage you can barely pay. It only takes a short term shock to push you into default, and once foreclosed, it doesn't matter that you'll eventually recover because the losses will be locked in and you no longer participate in the recovery.