• glimse@lemmy.world
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    9 months ago

    A big part is commercial real estate. There’s a lot of investments tied up in it and while it affects most people with a lot of money, many mutual funds (401k, etc) are tied up in it. So we’re basically keeping it alive because money.

    Not defending it at all. Just saying why

    • Kraiden@kbin.social
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      9 months ago

      This is basically my assumption whenever I hear “CEO X says RTO is the bestest thing.” My first thought is always “I wonder how much money CEO X has in commercial real estate”