this post was submitted on 29 Sep 2024
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Meh fuck the commercial real estate market. Turn all the buildings into micro apartments or tear them down and install fields of solar panels.
I've been screaming its just wage theft. My city provides tax breaks for occupancy (employees prop up the local economy buying lunch). They are making me pay for gas, time, and car maintenance (and lunch but fuck them, I'll just not eat) for this tax break which goes to C-level bonuses/shareholders. Its just another way of skimming off the top of employee wages.
We worked fully remote for nearly 2 years and the hybrid policy just keeps getting worse and worse. Coupled with quarterly riffs, I also suspect this is to avoid severance pay/unemployment while accelerating the down sizing. Yet our CEO bonus keeps going up and up despite our stock plummeting since the end of COVID lock downs.
Tear them down and build houses. Flood the market of every major city with houses so it becomes unprofitable to buy thousands of houses just to rent.
Then home sales go up, and millenials can ACTUALLY buy houses in their lifetime!
That would piss off the voting base that actually votes though
Condos! Best of both worlds. Especially in a dense city, a standalone house isn't really feasible when you can fit 8+ families into the same lot.
Missing the point. The office executives are in bed with the real estate execs.
They are the real estate owners themselves
Sometimes, sure. Somewhat different disciplines but, some folks high up enough certainly play both investments.