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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%Nov 17 4:00 PM EST

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To: Pogeu Mahone who wrote (202070)10/16/2023 6:45:15 PM
From: Maurice Winn1 Recommendation

Recommended By
3bar

   of 217842
 
Offices in San Francisco and 36% vacancy as though that's a problem. I thought "Oh good, I could rent space in San Francisco." But reading on, it's the old failure to understand price. Asking rents have remained stubbornly enormous at $69.15 per square foot per year

I'm not going to pay $69 a year to have a rubbish bin on the floor and $200 per year to have a printer sitting on a desk beside the rubbish bin.

It's like in Aotearoa-Zimbabwe nee New Zealand, businesses whine about not being able to find employees. I advise offering $100 an hour, $500 an hour or $1000 an hour, and see if they can get somebody to make coffee, pick apples, drive an excavator, milk the cows, shear the sheep. They whine "But I can't afford to pay $500 to somebody to make coffee". In that case, they don't have a viable business and should get a real job instead of pretending to be a cafe owner. If their customers don't want to pay the price required, the business is not a going concern.

it's strange how few people can understand the function of price.

Mqurice
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