How DOGE Could Spark a Financial Crash

Elon Musk's major DOGE initiative is a massive fire sale of federal office space.

Over 20 percent of U.S. office space was vacant in 2024 , according to financial analysts at Moody’s , and this year is expected to be rocky as well.

A reliable government tenant is the only thing making any building the government currently owns at all valuable.

DOGE has already announced the cancellations of 22 leases as of February 2 , with a savings of $44.6 million .

The plan is to cancel leases on as many as 7,500 buildings in all, according to the Associated Press .

GSA has even worked on canceling leases on offices for federal public defenders.