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America’s Downtown Ghost Towns

What Next: TBD | Tech, power, and the future

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The Differentiating Effects of Interest Rates on Downtown Office Towers

In the subprime housing crisis, people were willing to walk. Why is this different? Are commercial owners less likely to walk away and just say, here, bank, you own this skyscraper now? I think when it comes to downtown office towers, the situation is a bit different because it's just not clear these things in some cases are worth anything anymore.

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