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[quote=Anonymous][quote=Anonymous][quote=Anonymous]During the pandemic all these downtown businesses got lavish bailouts like PPP, etc. And now years later they still want even more subsidies? The world has moved on and nobody with a computer needs to commute anymore. Time for these laggards to adjust, or else we should also bring back the horse and carriage industry - fair is fair.[/quote] Let me try this.. "During the pandemic these downtown workers got extreme flexibilities to stay at home and even got checks in the mail from the government with no strings attached. And now years later they still want these benefits? The world has moved on and there is no need to stay separated at home anymore. Time for people to adjust, or else we should all keep movie theaters and restaurants and churches closed- fair is fair."[/quote] Welcome to the 21st century! Did you just wake up and miss the whole part about the internet? Computers and the internet have made stuffy old office buildings obsolete for white-collar workers. You're trying to sell us a 19th century innovation from when horses and buggies were also still around. Also, the real reason CRE is hurting is because [b]employers [/b]are not renewing leases, not because their employees are not coming in. It's because employers themselves have recognized that they don't need all that useless office space anymore. So go scream at corporate tenants for downshifting their office footprints instead of blaming the rank-and-file for not buying enough sandwiches.[/quote]
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