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10 sats \ 0 replies \ @Undisciplined OP 5 Mar \ parent \ on: Private REITs Hide Commercial Real Estate Distress While Begging for Bailouts econ
Probably, the big brain finance people think a lot of themselves and are prone to repeating mistakes.
I think there are some really bad fundamental problems in the commercial real estate sector that were going come up either way. Demand for commercial real estate has cratered since Amazon came along, but city zoning laws create an enormous friction that prevents market forces from reallocating that real estate to other uses.