Is working from home about to spark a financial crisis?
economist.com
economist.com
That's not on us. That's on them.
the only time they went against that? years of inflation as the rent seekers turned up the... you guessed it, rent.
However, we all know, if there is any whiff of a real crisis, The Fed will bailout: most regional banks (more likely forced acquisition by TBTF Wall St. Friends of the Fed ); some large CRE developers; and leveraged 'insider' REIT funds like Blackrock (not WeWork).
Most (>50% by loan value) Americans already have .gov as their residential landlord through Fannie & Freddie. Soon most of their mostly-empty office space will also have a .gov landlord.
If he's not too busy.
That is the worry. But it is overblown