It's about debt on zombie office towers.

This article describes the real reason behind the push back to the office. It’s about rich people gambling on real estate and now office buildings are empty.

These same people own newspapers and media channels which is why their crying voices are being pushed.

  • M500@lemmy.mlEnglish
    23·
    1 month ago

    According to a piece in the Harvard Business Review, the $1 trillion will come due between now and 2026.

    So we just have to hold out for 2 more years it seems.

    • figjam@midwest.socialEnglish
      271·
      1 month ago

      We hold out forever. The cat is out of the bag and the horses have left the barn. There is no going back. Turn that downtown space into apartments and all of those ancillary businesses have customers again.