Any REIT investing in a major american city is due for tremendous losses due to homeless camps, open drug use, masses of illegals running wild, general lawlessness, leftists siphoning off as much ‘tax’ money as possible from any business unfortunate enough to have a presence in the city, etc. America is going out with a wimper and not with a bang. Truly pathetic what the left has done to this country.
“America is going out with a wimper and not with a bang.”
I’ll agree on that only AFTER Ukraine gets settled and the Neocons also pull back from prodding China over Taiwan.
But regarding your post, you may also want to note that inner city office space isn’t as ‘shiny’ as it has recently been, and can NEVER recover with Leftists in power, and would have difficulty recovering even with MAGA in power.