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David Watson 🥑
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nick gogerty
@natureofvalue
About that office real estate market…what happens to price when demand drops 40%. Hint it’s more than a 40% decline. Please note fed stress test was a 40% hit. Jingle mail coming in.
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FLman
@rahchooo
But Miami and Nashville are lower also… what’s the missing variable? Of course I agree it’s awful what’s happened to San Fran.
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Ethan Simmons
@Ethan_Simmons
“Boston” may be at 48%, so I would have to assume this measurement was taken in the financial district (PO Square), but Seaport and Back Bay feel busier than ever.
@OnlyInBOS
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Ed
@Hastings_Forbes
What is this supposed to convey? People are leaving San Fran or people are back to work and no longer need to use cell phones as much?
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John Bollinger
@bbands
A friend just returned saying it was a 'horror show'. The news is so bad, operators walking away from malls, etc., that the contrarian in me can't help but wonder if we aren't approaching a bottom.
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trev
@UtahObservation
SLC had a major event downtown that week, not sure that number would hold every week. It’s picking up but downtown is no where close to as busy as it used to be.
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BiodiversityDad
@BiodiversityDad
It’s the least pleasant place to be in this beautiful Bay Area - the concrete jungle section of San Francisco. Can’t say Im all that surprised people would rather telecommute than work in that dense urban environment for more than a couple of days/week
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david lilienfeld
@lilienfeld1
That's partly because people in the SF Bay area are avoiding going into SF itself because of concerns on crime.
@AaronPeskin
There will come a point, though, where it will be much harder to recover as old babits are replaced by new ones.
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