Thread regarding Wells Fargo & Co. layoffs

Bldg Ownership

In general, lots of big corporations do not own commercial buildings.

People who own the commercial buildings are working with big corporations' top executives to promote back to the office.

Commercials building owners: Get to maintain/increase the value of their assets.

Top executives of big corporations: Get certain benefits from their wealthy friends.

In the end, somebody got to pay for the price, and most of the time it's the average working employee.

Conclusion: The rich get richer and the poor get poorer

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| 1091 views | | 3 replies (last April 7, 2022) | Reply
Post ID: @OP+1g7XNw6V

3 replies (most recent on top)

Which is an even better reason to not spend a dime near your work sites.

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Post ID: @1fzv+1g7XNw6V

Ok

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Post ID: @tmh+1g7XNw6V

Correction, they don't own them directly. They own the debt that allows the buildings to stay owned. They also own the debt of all the businesses running inside those, and neighboring buildings.

There's a reason the bank wants you where you're going to spend more money on/in a commercial establishment..

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Post ID: @ohu+1g7XNw6V

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