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by ksec 525 days ago
>There's 2-3 other similar malls within a 30 minute drive. All of these malls are still being held by REITs or retirement funds at inflated valuations waiting for a recovery that isn't coming.

And this could cause a melt down that could be worst than 2008 housing bubble. May be it is inevitable. But there is still some time to fix it.

There is also the problem with asset valuation as you said that goes to loan and those loan goes to other places, as I said the whole knock on effect on many other areas. And I would not be surprised if Jamie Dimon can smell something is coming.

Basically everyone on HN wants Remote work, and remote work is the future of all work. ( I have on numerous occasion read this on HN and see very little challenges to the claim but up vote only ). If I were to ask between a market crash and Remote work which one would they choose, I am not so sure if everyone is still on Remote work.