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Biden Country! No Rent Being Paid On 20% Of US Office Space As Office Property Values Fall (Office Vacancy Hit An All-time High As Fed Shrinks Balance Sheet)

May 13, 2023 10:30 pm

by confoundedinterest17 Living in Biden Country! Where big American cities are becoming like Lori Lightfoot’s Chicago. And the sad headline of the day (other than pure chaos on the Mexican border) is that NO RENT IS BEING PAID ON 20% OF ALL …

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“Downtown San Francisco is experiencing its worst office vacancy crisis on record, with 31% of space available for lease or sublease.”

May 9, 2023 4:14 pm

31% of downtown San Francisco is empty. This is very problematic for the city's economy. The losses will trickle down. Expect more businesses to go under, and the tax base to shrink leading to reduced services and further pain. https://t.co/bPcO2Vintw …

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SF commercial real estate: Office vacancy 28% (CBRE). Rents have fallen 15% (JLL)

March 29, 2023 1:21 pm

by scott_jr I’ve been saying that real estate is the next domino, and I think we’ll see more defaults / foreclosures in the coming weeks / months. From article: Office vacancy now at 27.6 percent, according to CBRE. Rents have …

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Manhattan Sees Record High Office Vacancy Rate As Businesses Flee

August 13, 2021 11:04 am

Manhattan is observing rising office vacancy rates. A report from Newmark covering the downtown Manhattan office real estate market during the second quarter of 2021 indicated that despite plummeting rental prices, the availability rate for businesses reached 21.1% in June — a …

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SF office vacancy hits an all-time high, surpassing dot-com bust…

April 7, 2021 10:22 am

SF office vacancy hits an all-time high, surpassing dot-com bust https://t.co/BXUKR6dR2c via @SFGate — M/1_LP (@MI_Investments) April 7, 2021 Commercial Real Estate….wonder what the banks have the mortgages listed at. pic.twitter.com/UcXnEfVExY — M/1_LP (@MI_Investments) April 7, 2021

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Rail traffic, apartment vacancy rate, durable goods orders, personal income and consumption, KC manufacturing

December 21, 2018 6:10 pm

by WARREN MOSLER Rail Week Ending 15 December 2018: Economically Intuitive Sectors Continue In Contraction Written by Steven Hansen Week 50 of 2018 shows same week total rail traffic (from same week one year ago) improved according to the Association …

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One Baltimore Neighborhood Has The Highest Vacancy Rate In America

January 25, 2018 5:41 pm

by stockboardasset The implosion of America’s inner cities are the real “shitholes,” which should be on everyone’s radar– not Haiti. In Baltimore, Maryland, decades of deindustrialization and 50-years of democratically controlled leadership has turned the city into a failed liberal experiment, with a …

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