4 ms·
Some bigger companies actually own very extensive office properties as part of their asset portfolios.
by binary132 2y ago
Some bigger companies actually own very extensive office properties as part of their asset portfolios.
- hosh 2y agoCommercial real estate has been teetering on trigging the next Black Swan event for the past couple years. No one wants to be holding title to buildings that are vacant and not generating rent.
- red-iron-pine 2y ago1) it's not a black swan if we see it coming, or could see it coming, and predict what it will do and 2) the massive rise in residential housing prices correlates to that risk, as commercial holders want to get out ASAP or at least hedge their risks by buying and renting.
- binary132 2y agoit's the only thing I ever think about when I see these RTO discussions and that makes it extra weird to see people repeating the memes about productivity maybe I'm the exception rather than the rule, but I am much more productive when I'm not surrounded by people
- downrightmike 2y agoWelp, Business 101 would call that the Sunk Cost fallacy, throwing good money after bad.