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A comment on Work from home and the office real estate apocalypse. Parent comment

Re:Work from home and the office real estate apocalypse by hunter2_ on Sunday June 05, 2022 @12:06AM (#31627917)
You'd need to have already been equally* in residential and commercial, which are well siloed throughout all sorts of property-related industries, in order to break even and serve as a conduit for the transfer of value.

*Whatever optimal point.

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Re:Work from home and the office real estate apocalypse by function_seven on Sunday June 05, 2022 @12:12AM (#31627946)
An individual investor would need to have that balance to not lose value, sure.

But a society as a whole, is the $500B "destroyed"? Or is there a transfer from the property owners to the businesses that no longer rent the space? The NPV of those decreased rent costs may just happen to be about $500 billion, right?

Not to mention the value gained by all the no-longer-commuting workers.

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