Who is going to purchase CRE in major cities?
Remote work isn’t going away.
Neither is crime and inflation.
So somebody please explain to me why my rent for my apartment went up over 50% this year.
cities are now anachronisms
no longer any need to concentrate human, financial and material capital
they are primarily “useful” for generating fraudulent ballots for the UniParty
and for local politicians creating huge messes that their Fed congressional delegates drop in the lap of Fed.gov for the rest of the nationwide taxpayers to foot the bill for “clean-up”-which mostly winds up in the pockets of the local pols and the Fed congressional delegation
AI is going to become huge. So it's going to be real easy to lay off remote workers?
Giuliani turned NYC around by focusing on quality of life issues, crime, pornography, prostitution, graffiti. In short order, NYC became a jewel. Bloomberg maintained the changes. DiBlasio undid everything.
I thought this was going to be a story about people showing up for work in pajamas and Lululemons.
-PJ
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.
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.