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To: armourenthusiast

They are working from home. I now know quite a few people that work from home. Ten years ago it was rare. Even just prior to covid it was relatively a small percentage of full time workers.

This has led to commercial office buildings in every city being 1/3 full. That also means they are not taking in enough rent. Which results in a significant reduction in the value of the asset. With higher interest rates it makes it hard to refinance. Which may put some commercial real estate companies out of business and the banks financing those buildings in trouble.


13 posted on 01/25/2024 6:16:29 AM PST by woodbutcher1963
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To: woodbutcher1963

Working from home. What a joke. They are staying at home doing some work to justify that and watching game shows and soap operas between talking on the phone with their friends and checking on the ‘gram. I remember during the “pandemic” being forced to stay home but my job is more hands on and I was lucky to complete 5 useful tasks in a single day. I much prefer being in the office.


31 posted on 01/25/2024 7:47:14 AM PST by webheart
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