alt Hacker NewsI keep seeing this being brought up, I haven't researched it too much, but it's a bit hard for me to believe that this could truly be the case, that there's such huge influence from commercial real estate owners on CEOs of much larger companies? What causes them to have such power over large companies?
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brandonmenc • 10/12/2024
It's not like, a direct marching order.
It's just a general attitude that has filtered around C suites or whatever. Go watch any daytime cable news investment shows and you'll see it.
Just run of the mill cohort thinking. No big conspiracy.
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The pressure is not from smaller RE companies, is from the biggest banks who control the comercial debt and see the writing on the wall. The banking industry can exert indirect pressure on lots of tech investors. Similarly for politicians in large cities and states who can control the tax side of the equation.