There's certainly plenty of talk going round about the oncoming train wreck of the banking system, commercial RE is just one more piece of the puzzle. Also not sure how much "work from home" is to blame, the big tech companies don't like it. So called productivity increases aren't there and managerial level folks have a harder time cracking the whip as "boss".l Mostly I think it's just plain old downsizing as these companies shrink or go outta biz. Whatever thee cause, it's bound to deflate the market, not good news for the banks. Takes a long time to play out though, so I'm sure they have a magic act to fix it.
https://www.inc.com/jennifer-conrad/why-siete-family-foods-is-giving-2-million-to-latino-businesses.html
The Coming Bank Crisis No One Is Talking About
RE
The Coming Bank Crisis No One Is Talking About
Started by RE Jul 13, 2023, 12:31 AM
Message path : / Society / The American economy / Economic Errata #25
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