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jumbod666 t1_ja86z3n wrote

Reply to comment by Topher1999 in Midtown Owners Hedge on Costly Office-to-Home Conversions by psychothumbs

Can’t nationalize office buildings. First we aren’t communist. Second the US constitution calls for compensation upon the taking of property.

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asah t1_ja8dx69 wrote

what's FMV on an empty, money-losing office building with zero prospects ? $1 ?

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GettingPhysicl t1_ja8gisv wrote

we are whatever enough of us vote to be. fly the red flag high comrade

no but really nationalizing them is too much work. remove tax incentives for office buildings, fix the zoning and regulatory issues with conversions. after that the business owners can make their own decisions. if its keeping buildings we dont particularly need at a loss, thats kinda their business. but dont reward them for it

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