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WeWork went up against a market already under heavy Securitization for 30 years. They didn't stand a chance, as most sane commercial companies no longer mainta
by Joel_Mckay 3y ago
WeWork went up against a market already under heavy Securitization for 30 years.
They didn't stand a chance, as most sane commercial companies no longer maintain locations in high-tax neighborhoods post 2008. Only legal and financial services tend to cling to the traditional tower blocks.
Should convert the assets into retirement village care facilities, as this is a projected growth market in the next 10 years. =)