i dont understand. the market is telling them that we dont need so many offices.
do you think they're saying that the market is wrong? i'm sorry, i feel faint
If companies continue to give up their leases and if demand for office space remains sluggish, office landlords won't be able to collect the rents needed to keep up with mortgage payments to pay off commercial loans, according to analysts. :farquaad-point:
It makes sense that landlords are behind the end working from home push, but I didn't put 2 and 2 together. All the more important to not work in the office
So it hurts landlords, banks, and ....... shoe cleaners/dry cleaners/corner stores? The humanity
damn, I can't believe China's real estate market is about to collapse their economy
devious city plot:
underfilled downtown buildings over a certain height must be filled or the city eminent-domains it
pass a right-to-refuse remote work labor law
use all the empty space you get for public housing :stonks-up:
^this is probably illegal in some way but unironically cities should be doing everything they can to make these buildings fail so they can seize them, for housing or just money to do literally anything except pay cops or landlords
