Hacker News new | ask | show | jobs
by andrewdubinsky 1122 days ago
This is prepping the ground for a major bailout of commercial real estate because of its moribund effect on the economy.

Mostly just starting the chant for bailing out the really, really wealthy and those who benefit from CRE. (City governments, insurance companies, mega corps, and commercial banks).

This is not a public outcry, but watch how they do it by creating a story then an echo chamber, making it part of the "recovery", blah, blah. CRE will get a fat earmark in some recession funding, just watch.

1 comments

Exactly, this isn’t about the economy, it’s about lobbying and PR for particular private interests (though there are effects on the broader economy)