Posted on 03/24/2024 6:30:09 AM PDT by Lockbox
Have you been to Venuce, RedMonqey?
“The brutal reality of plunging office values is here.”
There is a silver lining though. Significantly less tourist dollars and diminishing tax revenues to feed these filthy big city kleptocracies.
Venice
Yup. Tell that to the idiot dems who run those cities.
Calm down dipshit.
Touch a nerve did I? What exactly is bothering you, the idea of 90% discount? The idea of squating in the unoccupied buildings with fantasic views? Or maybe the idea of cesspool tourism?
“AI is going to become huge.”
But not yet. I just tried Microsoft’s entry into the market. I figured I would try something easy like the value of an automobile. Any of us could look up that value on KBB or check prices on Autotrader or other car sales sites on the Internet. It missed by 75%. The KBB was $16K and the AI said $2,300. I couldn’t find one like it in the USA for less than $10K.
I thought this was going to be a story about people showing up for work in pajamas and Lululemons.
-PJ
Apparently the nerve you touched is your own. You are stupid and apparently have never left dogpatch to go to the big, scary city. Even the other chimp Curious George went. Mic drop. Yeah! Own you biatch!
Drinking early or still from last night? You make no sense and are embarrassing yourself.
That too happens
WFH was already gaining traction at least 10 years before the famous “2 weeks to slow the spread”. If you’re looking at an income statement, the “rent expense” line usually jumps out as the single biggest expense, or in some cases the second. It made sense to try to at least try to reduce that line.
So in March of 2020, the entire country tried to figure out how to make it work, for everyone with an office job. CFO’s everywhere realized that they were about to find out just how much of that expense they could eliminate.
Unsurprisingly, results were mixed, but some form of WFH is here to stay, but is probably going to return to something more like the baseline from before the Wuhan flu. With some changes. Companies are building tools and training managers to look at things like work product quality, productivity, and a few other key metrics more objectively, and it’s already not working out so well for the “slackers”.
What no one seems to have figure out yet is how to properly train new graduates doing creative or complex work — new lawyers, especially litigators, accountants (not book keepers), engineers etc. One trend in my industry is that the most senior and most junior professionals are in the office 5 days. It can be good for both parties: a new grad can be mentored by a senior partner, and the partner gets to work with someone who still has a passion for the field.
As I've told my wife, this whole current state is a reality that wasn't supposed to happen, like a timeline that spun off a different way, from the main timeline.
Clinton, 0bama, and now Biden are just maggots infesting a reality they made through subterfuge and illegal methods.
Something’s not adding up. People are not that much more efficient when it comes to remote work.
= = =
Maybe, just maybe, the lazy brain donor ones are not making their contribution to ‘work’, thus improving the overall output and product.
Predicted this myself in 2020. It was inevitable.
I live in a city of about 80k and we have millions of empty square foot offices.
You lost. I own you.
This is why James is going after his residence and undeveloped property. It’s also likely one reason Trump can’t get insurance firms to sell him a bond for his appeal. It’s despicable James would take a family’s home.
As a value added feature, free, get a building full of interesting neighbors.
Somebody has to pay for the declining values of Democrat ran commercial properties. In communism, you are either rich or poor. They squeeze the middle class until they are poor. The rich protect themselves and the poor . . the poor will always be among you.
No, but I ve read and seen plenty of documentaries on Venice.
I’m sure it’s lovely after high tides and/or rains from upriver have washed the sewage out but to live there is something I wouldn’t want to do.
While I live in the county, there’s an sewage treatment plant in the nearest town that stinks to high heaven when the wind doesn’t blow, or in winter when weather inversion trapped intensified the stench.
I can image this is what Venice smells like at times.
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