White collar work significantly shifted in 2020, and most big America metros are now full of vacant offices. Those would’ve been a very boring / safe investment if the world kept plugging along as it had for the past 75 years.
We should find a way to incentivize converting these spaces into residential use. That’s what we need right now, and we should look at this as an opportunity to lower housing demand and housing prices.
Let. Them. Fail.
Hot take.
White collar work significantly shifted in 2020, and most big America metros are now full of vacant offices. Those would’ve been a very boring / safe investment if the world kept plugging along as it had for the past 75 years.
We should find a way to incentivize converting these spaces into residential use. That’s what we need right now, and we should look at this as an opportunity to lower housing demand and housing prices.
We just bailed out SVB, gotta keep this money printer going my guy.
Depends on who takes the loans. Big banks and the 1%, bailout. Us, recession/depression incoming.