Art obviously by HappyRoadKill, beware the rampant NSFW furry art though
this post was submitted on 15 Apr 2024
833 points (98.9% liked)
Political Memes
5204 readers
2730 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The honest answer is that if the office real estate market crashes, so does the US economy
Broken window fallacy
Not really. In this case we have a great example of this happening: the subprime mortgage crisis of 2008. The entire real estate economy is held up by wishes and prayers and mutually assured destruction.
I believe that was more about financial bullshit games selling debt packages to everyone and their mother that were insanely toxic and when it crumbled it took almost every bank with them.
I mean I have little faith that we actually fixed that problem, but I always saw it as a greedy banker issue not a specifically real estate issue.
If you think it's like 2008, then the "crash" would have happened (or did happen) in 2020. Re-inflating it in 2009 or 2025 is the "broken window".