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Aurornisyesterday at 9:21 PM1 replyview on HN

I don't doubt what you're saying, but I don't these situations where real estate investors and company investors overlap and also want to micromanage the company's operations are common.

The way this is brought up as a general explanation for RTO across the industry is getting a little silly


Replies

hunterpaynetoday at 2:57 AM

Office Real Estate used to be looked at as a very reliable investment. Good return for fixed income and reasonably safe when diversified across geographic locations. So lots of investment houses used REITs for some of their investments, pension funds, investment banks, even those companies that also invest in risky software startups. So you have this idea that there is a person called a "real estate investor", but really the majority of the people who invest money have some stake in office real estate. And those investments got crushed post-COVID. And they are salty about it and blame (probably correctly) remote work. Doesn't matter though, they took the risk and this time it didn't pan out for them so they don't have a real platform to complain. So they do this nonsense and trick a journalist into writing a hit piece.