Thanks China!
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They can’t lower rates, in most cases, because the major operators are so loaded with debt. Instead, they just go bankrupt. Great business model when the economy is robust.
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So I'm at a real estate conference in 2019 and this women is going on about how they will use AI to turf people out who don't use their ancillary services. I looked across to the other person at my table and said "peak real estate".
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What goes around comes around, rent is too damn high in New York City anyway!pic.twitter.com/7PJcapMvTd
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