Should we be worried about the epidemic of Ai data centers and warehouses buying up residential properties?
It’s interesting that social media particularly YouTube are being loaded with videos of failed businesses, corporations, and communities. I am assuming the online retail and moneymaking opportunities seem to make business owners and corporation treating brick and mortar businesses as liability than assets they don’t give a damn anymore.
A channel called stringer media likely a journalism major student has a big collection of these buy outs on video showing some even very nice homes bought out likely millions over market however if there are tenants renting they were screwed.
Those who hold out may have the places built around them or just be living beside a ghost town. The channel also shows many corporations that failed likely due to the change. But should we be concerned?
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source https://www.reddit.com/r/RealEstate/comments/1i3clmn/should_we_be_worried_about_the_epidemic_of_ai/
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