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A comment on Office real estate crash will be so sharp, values unlikely to recover by 2040. Parent comment

Re:Office real estate crash will be so sharp, values unlikel... by breckenedge on Sunday June 25, 2023 @09:04AM (#36467799)
> How is it a ponzi scheme?

Because it’s credit built on credit. It’s not an intentional Ponzi scheme (maybe).

> The proper market reaction is to spend the money to convert these office spaces to some other use, perhaps residential.

It’ll be prohibitively expensive for most properties to convert them to residential. They might as well be demolished for their land value.

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Re:Office real estate crash will be so sharp, values unlikel... by Jabrov on Sunday June 25, 2023 @10:36AM (#36468582)
That still doesn’t make it a Ponzi scheme. Don’t just throw the word around.
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Re:Office real estate crash will be so sharp, values unlikel... by capitalsigma on Sunday June 25, 2023 @11:00AM (#36468880)
Ponzi scheme is when the price collapses for something that I don't like, and the more that I don't like it the Ponzi-er it is
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Re:Office real estate crash will be so sharp, values unlikel... by dmoy on Sunday June 25, 2023 @11:10AM (#36469017)
That is not what a ponzi scheme is
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