This article describes the real reason behind the push back to the office. It’s about rich people gambling on real estate and now office buildings are empty.
These same people own newspapers and media channels which is why their crying voices are being pushed.
Much as I hate bailing out the rich, I also hate recessions.
We should be pouring money (yes, taxpayer money) into buying and demolishing these office towers, and building housing instead. Apartments and condos. The downtowns that are thriving now are the ones where people actually live there.
Yep, we should bail out the rich by using the people’s taxes to buy their properties off them, with an increasing price tag thanks to the invisible hand of the market
I’m not really jazzed about it, but the alternative seems worse. Maybe if we could boost the rest of the economy enough that the real estate crash would be counterbalanced - but if we do that we risk inflation again.