Catch-22 indeed! I could see commercial real estate - especially the downtowns - stuck in a devaluation spiral until we’re in another Great Depression, with all the accompanying financial quagmires. Ultimately, this could result in the ‘woke’ city and state government officials losing influence to a more business-and-safety oriented leadership, and that’s about the only silver lining I can here.
Catch-22 indeed! I could see commercial real estate - especially the downtowns - stuck in a devaluation spiral until we’re in another Great Depression, with all the accompanying financial quagmires. Ultimately, this could result in the ‘woke’ city and state government officials losing influence to a more business-and-safety oriented leadership, and that’s about the only silver lining I can here.
Catch-22 indeed! I could see commercial real estate - especially the downtowns - stuck in a devaluation spiral until we’re in another Great Depression, with all the accompanying financial quagmires. Ultimately, this could result in the ‘woke’ city and state government officials losing influence to a more business-and-safety oriented leadership, and that’s about the only silver lining I can here.