Wutangforemer

joined 9 months ago
[–] Wutangforemer@lemmy.world 2 points 3 months ago (2 children)

Not trying to throw shade at your shade, but I don't think the retractable awning is building a lot of equity.

[–] Wutangforemer@lemmy.world 8 points 3 months ago

Pretty sure that State Farm money is with her, Jimmy Butler, and Reggie Miller.

[–] Wutangforemer@lemmy.world 120 points 6 months ago* (last edited 6 months ago) (5 children)

WebMD is owned by Internet Brands, which is owned by KKR, an investment group with $64 billion in real estate assets. This has fuck all to do with productivity or middle management.

https://www.kkrreit.com/our-company/about-us

https://www.webmd.com/corporate/press/20170915/internet-brands-kkr-portfolio-company-successfully-completes

[–] Wutangforemer@lemmy.world 10 points 7 months ago (3 children)

The solution is to make hoarding rental properties an unattractive investment. Put an escalating tax on owning multiple residences. If the 5th property is at 40% tax every year it's no longer a money maker in a competitive market. Put the money towards tax rebates for single mortgage interest. Now you have buyers back in the market and landlords looking to sell.

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

Not by election day, 0% chance. The only Federal case expected to wrap and sentence by that time is the Jan 6 case, and he'll appeal that to federal appeals court and again to Supreme Court. Documents case doesn't even start until August. State cases are yielding to the federal case schedules.

[–] Wutangforemer@lemmy.world 3 points 8 months ago* (last edited 8 months ago) (1 children)

Few organizations own their own office space, most lease. So it's not so much "they", the CEOs that want you to return to work, but "they", the venture capitalists (whom the CEOs answer to). These investors have a stake not only in the organization, but separately have investments in commercial office real estate that they stand to lose money on if those leases aren't renewed.