List of companies that are screwed next year

by BitInvader

For those who aren’t aware, new york is going into a housing crises, to rent a space in the shitty area of queens is around 15,000 a month for commercial. These spaces are less 1000 sq ft, companies are holding on to them and aren’t wanting to rent them out for less. Instead property owners are holding on while the price continues to appreciate, they are taking loans on the inflated price of these shitty properties to buy other shitty properties which no one can reasonably afford as no businesses are making 15+ fucking grand right now (this is a conservative number some go upwards to 40k-70k a month in less shitty areas for the same size).

Everyone is holding their dicks and hope that the economy recovers where people can come in and start up businesses at the inflated rates. The ones holding the shit bag are property owners.

Companies that will take a huge dump early next year followed by possible bailout. These business all rely on rent to function currently no one is renting their shitty properties. Additionally they all put all their eggs in New York.

  • Vornado Realty Trust REIT (VNO)
  • SL Green Realty (SLG)
  • Mack-Cali Realty (CLI)
  • AvalonBay (AVB)
  • Boston Properties (BXP)
  • Empire State Realty (REIT)
  • Equity Residential (EQR)
  • Simon Property Group (SPG)
  • Kimco Realty (KIM)
  • ProLogis (PLD)
  • Extra Space Storage (EXR)
  • UDR (UDR)
  • Acadia Realty (AKR)
  • Macerich (MAC)
  • Columbia Property (CXP)
  • Urstadt Biddle (UBA)
  • Brixmor Property (BRX)
  • Tanger Factory Outlet (SKT)
  • Taubman (TCO)
  • Public Storage (PSA)
  • Piedmont Office Realty (PDM)

 

Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.

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