Rep. Porter Explains How a Downturn in Commercial Real Estate Will Hurt Americans - Rep. Katie Porter (CA-D)

[Rhiannon12866]

A downturn in the commercial real estate market won’t just hurt banks; it’ll put hard-working, low-income Americans—like janitors, cleaning staff, and security guards—out of work. In her closing remarks at a recent oversight hearing, Rep. Porter explains that the vibrancy of our local communities is at stake. - 05/09/2024.

[pfitz59]

1. The janitors will get screwed

while the owners get a tax write off or even a bailout.

[PoindexterOglethorpe]

2. Decades ago I realized that

the cleaning people and the secretaries were far and away the most important people in the economy.

Especially the cleaning people.

[Rhiannon12866]

3. I certainly agree! Especially after January 6th! Good Grief!

And I have to give those in Congress who helped with the cleanup tremendous credit!