Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
A recent Moody’s analysis indicated that approximately one-quarter of U.S. office space will be vacant by 2026. Hybrid work and lower rental rates will destroy a quarter-trillion dollars of real estate asset value. The Rabid Capitalist previously noted that COVID, hybrid work and interest rates had conspired to wreck the financial performance and asset value of office real estate.
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