SuddenDownpour@sh.itjust.works to Political Memes@lemmy.worldEnglish · 7 months agoLet's increase worker productivity?sh.itjust.worksimagemessage-square54fedilinkarrow-up1831arrow-down19file-text
arrow-up1822arrow-down1imageLet's increase worker productivity?sh.itjust.worksSuddenDownpour@sh.itjust.works to Political Memes@lemmy.worldEnglish · 7 months agomessage-square54fedilinkfile-text
minus-squareaudiomodder@lemmy.blahaj.zonelinkfedilinkarrow-up7arrow-down5·7 months agoThe honest answer is that if the office real estate market crashes, so does the US economy
minus-squareaudiomodder@lemmy.blahaj.zonelinkfedilinkarrow-up2arrow-down3·7 months agoNot really. In this case we have a great example of this happening: the subprime mortgage crisis of 2008. The entire real estate economy is held up by wishes and prayers and mutually assured destruction.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up3·7 months agoIf you think it’s like 2008, then the “crash” would have happened (or did happen) in 2020. Re-inflating it in 2009 or 2025 is the “broken window”.
The honest answer is that if the office real estate market crashes, so does the US economy
Broken window fallacy
Not really. In this case we have a great example of this happening: the subprime mortgage crisis of 2008. The entire real estate economy is held up by wishes and prayers and mutually assured destruction.
If you think it’s like 2008, then the “crash” would have happened (or did happen) in 2020. Re-inflating it in 2009 or 2025 is the “broken window”.