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Old 11-25-2020, 04:02 PM   #962
berad001
VERY GOOD FRIEND
 
Join Date: Jul 2001
Location: Boston
Posts: 38,278
Quote:
Originally Posted by Mishkin View Post
i would hate to own any commercial property other then apartments.



I have my last 2 places in contract now. cashed out $$$$$$$

finally done selling after 4 years. feels good.
I know a lot of these people because of the aquariums, they are in full panic mode. I deal directly with a customer on a board of a Boston high rise (owners) and they're fully on panic mode. I have customers who run 50k sq/ft call centers and they've gone entirely remote, works fine and they're talking about downsizing their physical presence. What do you do when your monthly expenses are in the millions and nothing is coming in for a year plus.

The people with money who can work remote are "lock it down, I'm good forever at home" and then there is everyone else

So you sold all your shyt, will you be buying it all back pennies on the dollar in a year or two?
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