this post was submitted on 05 Oct 2023
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traingang
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It's almost as if having a massive chunk of your 'economy' be built around FIRE makes it super unstable and liable to collapse any time structural pressures are applied to it
My only regret is having to deal with bosses desperately trying to get people back into the office to try and stave off the inevitable collapse of commercial real estate and that these buildings by and large can't be converted into cheap housing when it does become worth nothing.