• ArdMacha@lemmy.world
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    1 year ago

    It isn’t, it’s all the office space they own, if people are allowed to keep working from home the retail office market will crash pretty hard.

    • MechanicalJester@lemm.ee
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      1 year ago

      Ever see how much real estate companies like Google has? If all those bay area companies said fuckit let’s be remote it would crash the market and rock the economy.

      We should though, if possible.

      • TallonMetroid@lemmy.world
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        1 year ago

        I’m told that office buildings are actually terrible from a housing standpoint. Like, it’s actually easier to just tear the whole thing down and build an entirely new complex than convert it into apartments.

        • unfreeradical@lemmy.world
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          1 year ago

          Perhaps. There are other possible uses, though, such as commons spaces. Also, even housing that has a quirky design may carry value, within the context, in symbolizing transformation away from the old.

    • bouh@lemmy.world
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      1 year ago

      No one cares about retail office market. A market bubble crashing is merely an opportunity to earn money for the others. Capitalism doesn’t care about losers.

      • SkyNTP@lemmy.ml
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        1 year ago

        America only has capitalism for the poor. For the rich, it’s socialism. You better believe retail office owners stand to be losers, and they have power to fight.