‘Zombie Offices’ Spell Trouble for Some Banks - The New York Times
‘Zombie Offices’ Spell Trouble for Some Banks - The New York Times
Bank tremors serve as a reminder: Just because a crisis hasn’t hit immediately doesn’t mean commercial real estate pain isn’t coming.
This is the real reason for companies wanting people back to the office.
All this talk about collaboration and team spirit is just the publicly given reason for wanting people back to the office.
The real reason is that now the owners of the buildings are losing money.
Cry me a river.
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If only there was some solution to unused corporate office space and the housing crisis that has tents in every city?!?
Oh well. Better give the bank a bailout and stop thinking about it.
Wait...are you suggesting we solve a problem? Or even two problems simultaneously? That's absurd! We need tax cuts, deregulation, and corporate bailouts....I may not know the problem, but I know the solution. /s