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I don't understand the logic behind this argument. Yes, some people made a bet on office real estate, and they're in a bad position right now. But those aren'
by dmazzoni 2y ago
I don't understand the logic behind this argument.
Yes, some people made a bet on office real estate, and they're in a bad position right now.
But those aren't the same people who are running businesses that use those offices. Why would most businesses care if real estate is propped up or not? How would increasing utilization of their buildings actually help them?
- ed_mercer 2y agoI guess the argument is that business leaders feel that their unused office space is a waste and/or they want to exercise more control as mentioned in other comments.
- Ekaros 2y agoAlso wouldn't the most sensible strategy for these ruthless capitalist to let in entirely crash and then scoop it up at the bottom and then mandate RTO...