If commercial real estate prices crash then that will make it more affordable for businesses where interaction matters so we’ll see more interesting, new types of businesses emerge.
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sunk cost fallacy imo
Yeah, lower prices are usually good for everyone except whoever is holding the potato
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People are worried about the disruptions. A lot of current investment is tied up in office buildings and commuter spending. A lot of cities budgets are completely dependent on the related sales and property taxes as well.
also, in urban areas, the lunch places are really suffering too
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