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by IncreasePosts 472 days ago
Some federal buildings considered for sale have a utilization rate of like 25%.

How long should the government keep paying for the upkeep while badly using it?

3 comments

Depends how much the upkeep is and how much rent they expect to pay for buildings that will be leased back to them at profit-making rates.

Are we also assuming the government will not need that space in the future? What happens then?

Paying someone to make a profit on property at the government's expense is not efficient.

Do you think the rent will be lower than whatever it's paying for upkeep? Why?
I don't think the parent is saying that. I think the idea is that if you have two buildings with utilization of less than 50%, you move people in one single building and sell the other one.
50% utilization is good for preventing covid spread tho just saying
Given the raw # of government employees hasn't grown in ~40 years, plus we have the lowest # of government employees per capita...