>always been about power and ego. No, it's about CRE investments. Pre-'rona, CRE... | Hacker News

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		boppo1 on Jan 23, 2024 \| parent \| context \| favorite \| on: Execs who mandate a return to office admit that it... >always been about power and ego. No, it's about CRE investments. Pre-'rona, CRE was viewed as an extremely stable asset class. There are lots of interests (including a lot of 401Ks I bet) that don't wanna see the asset class fail.

perfectspiral on Jan 23, 2024 [–]

Can you elaborate? To my knowledge, 401k target date funds sometimes have small allocations to REITs (like 3-5%) or REIT indices that might be comprised of a mix of commercial and residential. Maybe there is some exposure to CRE mortgage backed securities through the bond indices?

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