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Jonathan Shapiro

The next Big Short? Why traders are betting against office towers

There are parallels between the 2008 housing crash and the strains in global commercial property. How bad can it get in Australia?

Last week, the global Work From Home movement was dealt another blow.

Senior bankers at JPMorgan were ordered into the office for the full five-day working week, to set an example and encourage more employees to kick the remote working habit.

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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com

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    Original URL: https://www.afr.com/markets/debt-markets/the-next-big-short-why-traders-are-betting-against-office-towers-20230414-p5d0nh