this post was submitted on 15 Aug 2023
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2,3,4 sure but I don't think 1 is plausible
1 is plausible.
Remember the super rich have bank friends.
Ever heard of "If you owe the bank $100 it's your problem. If you owe them $1mil it's their problem"
A giant building that's empty that nobody pays rent on is a huge bill to settle somehow with the bank.
1 is not plausible, you can't believe that all rich companies are money hungry capitalists that only care about their bottom line, then also say that they are going to spend more money they are greedily hoarding to help out their rich friends. That's the only way that 1 would be plausible, so you have to have that dichotomy of a thought process to believe it.
It's not necessarily about being a money hungry capitalist though -- it's not even necessarily about rich friends. Many of these buildings are owned/leased by the company. Problem is, that land value is on a company's books as an asset. People don't RTO, the value of that asset drops, company has to post a loss, stock value plummets as shitty traders take advantage of the numbers to turn a profit. In a good number of cases, it's survival.