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I really think the pandemic was only coincident to the abandonment of office space by companies. I think with the Advent of the internet it was inevitable that people would stop needing to go to the office to work and it was in companies were no longer going to need to have people centrally gathered in an office to do company business. I think it was the zoom technology that of course got used more during the pandemic but it actually had just been invented in a form that was good quality although video calling of course has been around for years.

Frankly many of us have predicted the end of office space and I think it's only been inertia that kept companies in offices for probably the last 10 years.

This is going to be a dramatic change in a lot of things. Number one if cities no longer exist in cities primarily exist because of office space then City governments which have been largely controlled by liberal Democrats because they've housed all the black people that were subsidized by the incredible revenues brought in by corporations in office towers well they're going to lose their power in States should frankly dissolve municipalities. Those municipalities are going to have huge unfunded pension mandates and things. I think it will be difficult to turn those office spaces into manufacturing complexes and there's going to be very little other use for them. It's also extremely difficult to turn off a space into residential properties because residential properties need to have a large amount of bathroom plumbing and other things that's incredibly expensive to put into an office building after the fact. You can't break up the concrete floors and put in the plumbing required for residential spaces.

And let's not forget that insurance companies fund their insurance payouts by investments in real estate and the stock market. They usually go in half and half or so when they're investing their premiums every year. So every year an insurance company might have $500 million dollars that they need to put into investments in typically they've bought real estate or they bought stocks or some combination of the two. Well now those insurance companies going to be losing a lot of money on their office space developments and they've already lost a lot of money on their shopping centers which have been losing their need to exist with delivery services like amazon. It seems like the only real need for real estate that's going to be left is houses and apartments and residential maybe manufacturing warehouses if manufacturing does come back to America but primarily distribution centers.