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I can't personally say with confidence that these big companies are not being influenced by political motivations. I'm confident that if CBDs essentially die b
by Guthur 6y ago
I can't personally say with confidence that these big companies are not being influenced by political motivations.
I'm confident that if CBDs essentially die because of remote working it will be a financial apocalypse. There is so much wealth tied up in inflated inner city property that if it is suddenly not in demand anymore there will be a huge correction that is going to hurt a lot.
- skwirl 6y agoI can't say that the "health of CBDs" has come up in my company's discussions over the future of remote work. And I'm not sure why the company would care. We don't own any real estate. We lease our office space. I think this must be true of 95%+ of companies in Boston/Cambridge, where I'm located.
- sanderjd 6y agoI don't even know what a CBD is.
- Ericson2314 6y ago"central business district" not "cannabidiol".
- Guthur 6y agoAnd similar statements came up from the C-level at my previous company as well. I know members of c-level meet with politicians and even leaders at the likes of Google. Are these conversations happening? I don't know, but I would not be surprised.
- DeRock 6y agoSure, but Google, one of the highlighted companies in the featured article, owns an estimated 100B+ of commercial real estate.
- abdabab 6y agoAccording to Forbes it’s 50B+: https://news.yahoo.com/google-doubles-down-commercial-real-170411732.html https://news.yahoo.com/google-doubles-down-commercial-real-1...