Wirepoints’ Mark Glennon on AM560’s Morning Answer – Chicago’s struggling commercial real estate and more

Summary and audio linked here.

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Leaving Soon, just not soon enough
1 month ago

Commercial Real estate is not struggling; it is dying a slow death. Commercial real estate is down big time and still going lower. Retail is now on the internet, brick and mortar cannot compete with it. Office space is now empty as businesses have moved out of state. Downtown is dying because of transportation, crime and high costs. Even suburban office space is vacant at an all-time record high. Buying commercial real estate is a poor investment even at $0.30 on the dollar.

Erick
1 month ago

Excellent commentary, as always. Mark, have you or Ted ever considered running for office? I think IL voters (myself included) would respond well to a candidate whose platform manifested the Wirepoints philosophy.

PPF
1 month ago
Reply to  Erick

Yes. If only Ted would have ran for Governor Illinois voters would have responded. You and others like you Erick are the problem. You’re unhappy with Illinois government yet you refuse to educate yourself about people running for office. Illinois voters are absolutely clueless and then blame politicians for their own ignorance. As I’ve stated many times, the Illinois voters are getting exactly what they deserve.

P. T, Bombast
1 month ago
Reply to  PPF

At the most basic level you are correct provided there is evidence that low-information or no-information voters are of sufficient number to drive the result. I think you also have to ask who decides the identity of candidates shown on the ballots. To the extent that its determined by primaries, I’d wonder who votes in the primaries. If it’s some other process, It’d be helpful to know the inclinations of those who control that process. It’s also relevant who funds the flood of the ads that inundate the informed and the uninformed who consume the media and what media they… Read more »

Leaving Soon, just not soon enough
1 month ago
Reply to  PPF

Politics is run by the public sector unions. They have choked the life out of Illinois.

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