We referenced this in earlier posts on commercial real estate bust, now here is REAL PROOF. Go woke GO BROKE

Written by Michael E Dehn

Founder and CEO of Metro Pulse a continually running enterprise since May 1980.

April 28, 2023

A $300 million office tower in San Francisco is expected to sell for $60 million, 80% less than what it was worth 4 years ago.

San Fransisco now has a 30% office vacancy rate, the highest in history.

The commercial real estate crisis is real. pic.twitter.com/7gMOgKIFHt
— The Kobeissi Letter (@KobeissiLetter) April 28, 2023

← Prev: And we are to surmise Dominion and Smartmatic systems are safe from shadow trojans with this revelation from the head of the FBI? Makes you wonder why Fox didn't fight Dominion case? THEY HAD TO KNOW there was serious MORE than a reasonable doubt to veracity and security of both companies systems. Fact every government system hacked already but no one talks about this in depth other than passing references. WHY? Who is hiding what here? AND, if not hiding anything, why not come clean and assuage lingering fears of public and defuse the multiple states still actively pursuing getting rid of systems? Next: Harbinger for brutal hurricane season? →

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