Perhaps of interest.
Inflation will be 200-300% by then, so it won’t matter.
That’s a ‘wall’ Biden and the Democrats want to build higher...................
Debt on commercial property is mostly held by larger banks and institutions. The “too big to fail” crowd that owns our government.
They will bail them out and many “republicans” will vote yes, as always.
If it isn’t rented, housing conversion is possible.
“$550 billion”
About the value of one company’s cell phone business.
If the price is right, most property can be rented.
If you have ten vacant spaces, run an auction, with no minimums on say five of the spaces.
Rising interest rates and worries about defaults.
All neon arrows pointing the Wight House.
Recession not that far away and nobody in control
I was not aware Fannie Mae bought commercial loans. And according to their website, they do not - although they do buy loans on multi-family housing units.
This article is not clear on this.
Commercial property costs are insane. They suck the profit from any company leasing from them.
I can’t decide if that’s good or bad. I mean, for me. If I want to rent commercial property maybe it’s good. Properties that can’t refinance will get sold at a discount and lease rates will come down. For other small businesses that is good too. For the country and the economy I am not sure. At least in the medium term. I guess the “great reset” has more consequences than imagined.
Tens of millions of illegal aliens need to live somewhere.