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this post was submitted on 15 Nov 2023
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They have to somehow justify their insane commercial real estate expenditures. Empty office buildings are a bad look.
It’s not that it’s a bad look it’s that all of their rich ceo buddies are getting robbed over shit downtown real estate. The companies with central offices support those real estate and they are seeing the value drop off the face of the earth. It’s all about their bottom line. It’s why we saw Biden throw them a bone by saying they’ll pay to covert them to cheap housing.