Large employers are pushing for return to office mandates, and corporate media are trying to help spin that this is a good idea, and what people want. The vacancy levels in aggregate that everyone can see with their own eyes tells you the truth despite the legacy media spin.
Downtown commercial Real Estate is not only MASSIVELY impaired, but it’s insanely illiquid…best of luck to the owners when the currency and credit collapse starts accelerate.
IMHO we ain’t seen nothin’ yet…and speed of settlement is going to be of the essence.
https://www.zerohedge.com/markets/older-office-towers-cities-face-tsunami-trouble
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