Quote:
Originally Posted by PaceAdvantage
Question, because I haven't read up on this topic AT ALL.
Is this Evergrande "crisis," due in part to COVID and all the office space that remains empty due to people still working at home?
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Who knows what their freaking problem is there....
Here , I would say a lot of the office buildings have long leases and I doubt they all expired in 2020...
Now , if you say a lot of "apartments" are vacated ..thats a different story for building owners...
During the pandemic , people were leaving their posh NYC homes and moving to out skirts of NY.....
I too was looking for a home in New Jersey and the brokers were enjoying the best times of their lives ...homes were selling like crazy ....they would be on the market for 3 days , then boom..SOLD...Overpriced, of course
I almost bought a trailer park home , hillbillies every where , till I smacked myself saying .."What the **** am I doing".....
Mike