this post was submitted on 13 Jan 2024
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[–] [email protected] 32 points 10 months ago (1 children)

Commercial mortgage backed securities.

https://www.morningstar.com/news/marketwatch/20231230133/no-one-is-throwing-good-money-after-bad-why-2024-looks-like-trouble-for-commercial-real-estate

RTO policy is driven by rich people's solidarity with one another.

We can beat them with even a fraction of the same solidarity. Fuck RTO, and fuck any job that demands it.

[–] [email protected] 6 points 10 months ago (1 children)

One additional detail, many corporations lease buildings. The buildings are often owned by executives from this same company.

Microsoft’s buildings (pre-pandemic there 130+ just in the Redmond/Seattle area) are all over, and many of them were owned by Paul Allen (co-founder of Msft), and now his family.

[–] [email protected] 7 points 10 months ago

It always goes back to landlords sooner or later.