4 ms·
I've heard this before, but would the actual collusion mechanics be to make this happen? Like, my landlord buddy golfing just won't stop pestering me about gett
by snapcaster 3y ago
I've heard this before, but would the actual collusion mechanics be to make this happen? Like, my landlord buddy golfing just won't stop pestering me about getting my company to return to office so I convince the board of my company to do it?
- rconti 3y agoThere's probably no real mechanism, it's just that the circles they all run in agree "yes, yes, office life is important", the same way you're more likely to support some social issue if your friends do.
- notatoad 3y agohaving money invested in some entity that owns commercial real estate would probably be plenty of motivation.
- TuringNYC 3y agoMost executives have major real estate holdings in their pension plans. If the employer owns the building, the employer and equity-owning executives have yet more real estate holdings, albiet indirectly. Because of ZIRP, pensions have been reaching for yield by doing anything they can, and that has often been CMBS, CRE equity, CRE bank loans, etc.