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180 sats \ 5 replies \ @Undisciplined 22h \ parent \ on: Office CMBS Delinquency Rate Spikes to Record 11.7% econ
They still need tenants and there are still a lot of empty offices, with more coming as the feds continue canceling leases.
turn them into apartments or homeless shelters
or urgent care clinics
sanctuaries and hiding places for the undocumented
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I recently learned that when the feds stop using a building, the highest priority use it has to be considered for next is housing the homeless. Blew my mind
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I think it depends on the state
but let's pretend you are right... let's house the homeless there... I am optimistic that this will solve the housing and homeless crisis
edit:
can we burn the building after housing the homeless? obviously I would never do such a thing unless the homeless were Muslim
actually the highest priority should be illegal wetbacks.... I'm helping ice mask or otherwise
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Maybe I misunderstood what I read, but there’s an official priority list for what to do with federal buildings and homelessness was first.
Of course actually selling the properties is last.
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Yeah. I wish I had time to spend money on a Trepp account then we could share lulz about all the feds being on the delinquent list.
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