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To: dinodino
My conversation with a commercial real estate broker last week was very instructive in that regard. He said all his clients in a major U.S. city were adamant about bringing all their employees back into the office.

1. First he insisted that they are doing this because they operate more efficiently that way.

2. Then he admitted that they are doing it only because they're paying exorbitant rents for office space, and simply don't want to be wasting that money.

3. Finally, he also admitted that every one of these clients is currently planning to eliminate at least 80% of their office space and have most of their staff work from home ... AFTER these current leases expire.

Read through those three items a couple of times, and I can assure you that the WSJ is peddling a line of bullsh!t from these employers right now.

33 posted on 05/16/2021 2:55:00 PM PDT by Alberta's Child ("And once in a night I dreamed you were there; I canceled my flight from going nowhere.")
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To: Alberta's Child
Spot on.

And to phrase Rahm Emanuel, let Trump take full advantage of this.

Here's how:

Simply have a GOP Senator like Rand Paul, do what Chuck Schumer did in July 2008, and send an "Indy Mac Letter" to the most vulnerable commercial real estate holding firms, and thusly unwind the global commercial real estate market, which is now backed by nearly as much bad paper as the residential real estate market was in 2008.

That will throw US and the globe into a deep Recession; ruin Resident Asterisk -- perhaps depose him and provoke an out-and-out military junta; and at a minimum, give us the House in 2022.

36 posted on 05/16/2021 3:04:15 PM PDT by StAnDeliver (Eric Coomer of Dominion Voting Systems Is The Blue Dress)
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