Commercial Real Estate likely to get hit next.
Been seeing this grow into an ugly abomination. It's getting more and mor apparent.
Weak demand for office space
Work from home/Hybrid in trend
Layoffs into 5th gear
Higher construction and maintenance cost
High interest rates = High borrowing cost
Tightening lending conditions
Banking crisis
I hope I am wrong.
ft.com/content/733a24d7-056d-4f02-8b20-8ba9f566e9f7
edition.cnn.com/2023/04/10/business/commercial-real-estate-banks-offices/index.html
nypost.com/2023/04/10/default-risk-grows-on-1-5-trillion-in-commercial-real-estate-debt-analysts/
usatoday.com/story/money/personalfinance/real-estate/2023/04/07/commercial-real-estate-price-drop-morgan-stanley-report/11620997002/
usatoday.com/story/money/personalfinance/real-estate/2023/04/07/commercial-real-estate-price-drop-morgan-stanley-report/11620997002/
By Sifu Steve @ XeroAcademy
Weak demand for office space
Work from home/Hybrid in trend
Layoffs into 5th gear
Higher construction and maintenance cost
High interest rates = High borrowing cost
Tightening lending conditions
Banking crisis
I hope I am wrong.
ft.com/content/733a24d7-056d-4f02-8b20-8ba9f566e9f7
edition.cnn.com/2023/04/10/business/commercial-real-estate-banks-offices/index.html
nypost.com/2023/04/10/default-risk-grows-on-1-5-trillion-in-commercial-real-estate-debt-analysts/
usatoday.com/story/money/personalfinance/real-estate/2023/04/07/commercial-real-estate-price-drop-morgan-stanley-report/11620997002/
usatoday.com/story/money/personalfinance/real-estate/2023/04/07/commercial-real-estate-price-drop-morgan-stanley-report/11620997002/
By Sifu Steve @ XeroAcademy
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