Re:Office real estate crash will be so sharp, values unlikel...
by GauntletWizard on Sunday June 25, 2023 @04:47PM
(#36472431)
Everything is worth what the market will bear. If you can achieve a price, it's a fair price - some relator, probably.
Re:Office real estate crash will be so sharp, values unlikel...
by epgui on Sunday June 25, 2023 @10:30PM
(#36475042)
It’s just not true that every market price is fair. There are all sorts of sources of market inefficiencies, and this is one of the reasons why governments spontaneously arise or form.
Re:Office real estate crash will be so sharp, values unlikel...
by dragonwriter on Monday June 26, 2023 @01:24AM
(#36476012)
Its...not.
Though it is one of the retroactive justifications for government from non-minarchist market ideologues.
It’s unimportant whether commercial property owners are fraudulently or not inflating their property values? That seems incredibly important to what kind of solution is appropriate.