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No it does not. This is another hit piece from the elites worried about office space and buildings.
by lloydatkinson 3y ago
No it does not. This is another hit piece from the elites worried about office space and buildings.
- flir 3y agoThere's an argument that anyone with a pension should be worried about commerical real estate[1]. UK-specific, but for political reasons our local government tier has been investing in commercial real estate for the last 15 years or so[2]. I've no intention of going back, of course. Someone else can take one for the team. [1] https://www.businessinsider.com/pension-funds-feeling-pain-commercial-real-estate-woes-2023-4?r=US&IR=T https://www.businessinsider.com/pension-funds-feeling-pain-c... [2] https://www.nao.org.uk/reports/local-authority-investment-in-commercial-property/ https://www.nao.org.uk/reports/local-authority-investment-in...
- 082349872349872 3y ago> anyone with a pension should be worried about commerical real estate I'd find it more likely that anyone with a rationally-managed pension would find they are (and always have been) diversified enough that things which benefit the wider economy (ie WFH) bring them more gains overall than sporadic losses concentrated in specific sectors.