this post was submitted on 29 Jan 2024
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[–] JoBo@feddit.uk 0 points 7 months ago (1 children)
[–] helenslunch@feddit.nl 2 points 7 months ago (1 children)

Your Piped link doesn't work (as per usual with Piped).

Regardless I'm not watching it. Maybe you'd like to just make your point?

I'm advocating for not returning to office and questioning the logic in the comment I replied to, which I assume Shapiro is not.

[–] JoBo@feddit.uk 4 points 7 months ago (1 children)

It's a very funny video with a clip of Ben Shapiro saying that the coast going underwater doesn't matter because people can just sell up and move. And hbomberguy asks who he thinks they're going to sell to, Aquaman?

[–] helenslunch@feddit.nl 1 points 7 months ago (1 children)

Haha that's a good one.

Nah, there will be buyers for commercial buildings for the right price. Not pretending like they're going to get all of their investment back but as I said, you can still get some of it back.

[–] JoBo@feddit.uk 0 points 7 months ago (2 children)

For the right price, yeah. You'll be able to sell coastal properties for the right price too. Just nowhere near as much as you paid for them. They're not interested in getting only some of it back.

[–] hansl@lemmy.world 1 points 7 months ago (1 children)

You can reuse commercial buildings for other things (like residential sky rise). You cannot reuse underwater homes.

[–] JoBo@feddit.uk 1 points 7 months ago

Already covered.

I have no idea why people are trying to pretend it's not worrying the owners of these buildings when the owners of these buildings are throwing hissy fits all over the shop.

[–] helenslunch@feddit.nl 0 points 7 months ago (1 children)

Who's going to pay $1 for an underwater home? No, these things are not alike.

[–] JoBo@feddit.uk 0 points 7 months ago (1 children)

Which is why I said "dangerously close". Office buildings which are empty because they're not needed as offices any more can be sold to developers who will turn them into housing or shops. But with fewer employers based there, demand for housing and shops may also disappear.

[–] helenslunch@feddit.nl 0 points 7 months ago (1 children)

Or they can just be sold to other employers who actually need them?

[–] JoBo@feddit.uk 0 points 7 months ago (1 children)

Where are those employers coming from? The issue arises precisely because companies don't need anything like as much office space as they used to.

[–] helenslunch@feddit.nl 0 points 7 months ago* (last edited 7 months ago) (1 children)

Some employers do, some don't. Maybe new businesses come along that need office space but couldn't previously afford it.

[–] JoBo@feddit.uk 0 points 7 months ago (1 children)

Yes, obviously. Is the number of employers who no longer need the office space larger or smaller than the number of employers who need more office space?

They're going to make a loss. They do not want to make a loss. No amount of imaginary buyers is going to stop them having to take a loss.

[–] helenslunch@feddit.nl 0 points 7 months ago

Yeah, I know, I stated that in my original comment.