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It's about investment funds and shareholders owning commercial property who push for RTO out of fear of their portfolio going down in value if people are not us
by varispeed 2y ago
It's about investment funds and shareholders owning commercial property who push for RTO out of fear of their portfolio going down in value if people are not using the offices.
- JumpCrisscross 2y ago> investment funds and shareholders owning commercial property Are you in San Francisco? This is a conspiracy theory I hear a lot in San Francisco.
- alephnerd 2y agoIt's a dumb conspiracy theory at the macro-scale, and the overlap between CBRE or JLL and a company's board is minimal
- JumpCrisscross 2y agoIt is, but I’m curious about why it’s so popular. Is it a Musk thing?
- alephnerd 2y agoIt's an HN+Reddit thing. The userbases overlap significantly now.
- consteval 2y agoTo be fair I think the only reason the conspiracy even exists is because, apparently, nobody knows what RTO is really about. IMO it's mostly just a power play and insecure executives, but they won't come out and say that of course. We're left to speculate, and naturally conspiracies thrive.
- deleted 2y ago[deleted]
- varispeed 2y agohttps://unherd.com/newsroom/a-commercial-real-estate-crisis-is-coming/ https://unherd.com/newsroom/a-commercial-real-estate-crisis-... https://www.theatlantic.com/ideas/archive/2023/06/commercial-real-estate-crisis-empty-offices/674310/ https://www.theatlantic.com/ideas/archive/2023/06/commercial... https://www.bloomberg.com/news/articles/2024-02-02/how-home-working-and-higher-interest-rates-tipped-real-estate-into-crisis https://www.bloomberg.com/news/articles/2024-02-02/how-home-... https://www.theguardian.com/business/2023/mar/27/office-blocks-banking-crisis-interest-rates-commercial-property https://www.theguardian.com/business/2023/mar/27/office-bloc...
- JumpCrisscross 2y agoNone of these articles prove your argument.
- varispeed 2y agoDid you read them?