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To: EBH

Downtown LA? Maybe the banking industry will recognize that wokism and disestablishment of law and order is not beneficial to property values?

There is the flip side consideration that upscale commercial real-estate development may have gone too far compared to the needs of the economy - e.g. what von Mises followers would call gross malinvestment which must be liquidated and the assets put into more useful ventures.


6 posted on 02/24/2023 6:18:54 AM PST by AndyJackson (.)
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