To: ChicagoConservative27
I’m thinking that corporate real estate is in trouble because workers at many companies all across the country are happily working from home. This is bad for any Money Men who have ownership of corporate real estate.
Never let a crisis go to waste — SVB failed? Because they made bad investments? And were not paying attention to basic risk management? Well, why not use this crisis and tell everyone that it was REALLY because people were working from home! A lesson for all companies! Force your workers back to the office! It won’t help SVB, but sure would help Money Men who own corporate real estate!
16 posted on
03/20/2023 4:44:50 PM PDT by
ClearCase_guy
(“You want it one way, but it's the other way”)
To: ClearCase_guy
It’s also a sop to the professional middle management class so many industries are afflicted with in this country...
18 posted on
03/20/2023 4:49:43 PM PDT by
Spktyr
(Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
To: ClearCase_guy
[I’m thinking that corporate real estate is in trouble because workers at many companies all across the country are happily working from home.]
That’s changing. As the job market sours, employers will increasingly demand that their employees show up at the office. JP Morgan honcho Jaime Dimon and Tesla head Elon Musk are telling people to show up or find other jobs. They’re not doing this because productivity is higher for people working from home or because they don’t like the idea of saving money on office space. Their experience is presumably that working from home translates into productivity losses.
35 posted on
03/20/2023 5:49:52 PM PDT by
Zhang Fei
(My dad had a Delta 88. That was a car. It was like driving your living room)
To: ClearCase_guy
Excellent analysis, and the only thing that needed to be said.
37 posted on
03/20/2023 5:58:10 PM PDT by
MotorCityBuck
(lol Keep the change, you filthy animal! )
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