[HN Gopher] SF's AI boom can't stop real estate slide, as office...
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       SF's AI boom can't stop real estate slide, as office vacancies
       reach new record
        
       Author : koolba
       Score  : 21 points
       Date   : 2024-07-08 21:51 UTC (1 hours ago)
        
 (HTM) web link (www.cnbc.com)
 (TXT) w3m dump (www.cnbc.com)
        
       | sam0x17 wrote:
       | My WFH-driven long bet against commercial real estate that I've
       | held since pre-covid times continues to bear fruit
        
         | lumost wrote:
         | Is there an effective means of shorting commercial real estate
         | available to retail or "small" accredited investors? Seems like
         | an easy bet to take.
        
           | itsoktocry wrote:
           | > _Seems like an easy bet to take._
           | 
           | Well, yeah, you're two years too late.
        
       | doctorpangloss wrote:
       | > the average asking rent dropped to $68.27
       | 
       | It's still way too high. Try $10 per sq ft.
        
         | boulos wrote:
         | In case it's not obvious, that's an annual number.
        
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       (page generated 2024-07-08 23:00 UTC)