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this post was submitted on 10 Jun 2025
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
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Actually, I work in commercial real estate.
It’s not uncommon for there to be triggers on these loans that go into effect when a tenant vacates a property, even if they are still paying rent.
They direct control of their rents and they have to pay a monthly fee for management.
I can promise you, the only reason we returned to remote is luck. Our lease happened to be up at the same time our moral dropped.
Still, many of our employees cheered and celebrated the announcement. Take the wins where you can.
Sorry for the ignorance, but why would a lender care about the occupancy of a building?
No worries! Ask as many questions as you like!
It affects the value of the surrounding spaces.
Example: A strip mall has a grocery store. If the grocery is active on the property, the surrounding spaces are more valuable to rent. The landlord can rent the spaces to restaurants retail stores because the grocery store has a lot of foot traffic.
If the grocery store “goes dark” or stops operating at the strip mall, the neighboring Chipotles and Game Stops lose money and close. The landlord can’t fill those spaces as easily as when the grocery store was there.
If the spaces are empty, no rent comes in. No rent means no mortgage payments.
Edit: I forgot to add. Commercial mortgages are different than residential for lots of reasons but a big one is the dollar amount. Some of these properties are $100M loans so the trusts and banks involved have a lot more say as to what goes on at the property.
If you want to fix your sink, you do it. If they want to, they have to get permission to make changes.
That does make sense, thanks.