realestate

Elon Musk's Real Estate Gambit: A Potential Threat to Federal Power

Elon Musk's Department of Government Efficiency aims to liquidate up to half of the government's real estate holdings.

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lon Musk's Department of Government Efficiency is orchestrating a massive overhaul of the federal government's nonmilitary real estate holdings, with plans to liquidate up to half of its portfolio. The move is shrouded in secrecy, leaving industry insiders on high alert as they struggle to grasp the scope and implications.

    Musk's team has taken control of the General Services Administration (GSA), which oversees the government's vast real estate empire. Sources within the GSA reveal that Musk's strategy involves creating unbearable working conditions and commutes to drive down morale and increase attrition among government employees.

    One senior GSA official described the plan as a deliberate attempt to make buildings "crappy" and commutes "suck," with the ultimate goal of forcing employees out. The Department of Government Efficiency is also reportedly automating jobs, reassigning workers to distant locations, and slashing the GSA budget by 50%.

    The agency's acting administrator, Stephen Ehikian, has warned that thousands of employees who live more than 50 miles from a service station may be reassigned even farther away, with some potentially facing buyout offers that could lead to costly lawsuits. Musk's "zero-based budgeting" approach, which involves eliminating all existing contracts and rebuilding from scratch, is also being considered.

    As the government's real estate holdings come under scrutiny, one thing is clear: Elon Musk's vision for a more efficient bureaucracy is leaving a trail of uncertainty and upheaval in its wake.

Elon Musk stands in front of a US government building, holding papers.