re: Crane City - Why is there is Skyscraper boom in most major U.S. cities?

I think it’s Wells Fargo that’s building another skyscraper in Dallas, where there is bountiful office space currently.

The reason? They don’t want to buy/renovate or rent space. They want their own building and have filthy amounts of money to do so.

It’s important to grasp just how much cash these companies and developers have, and local and state government often provide some nice incentives to build.

China is an example of this on steroids where they overbuilt…. Like entire cities of empty buildings and space.