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Billionaire Barry Sternlicht Warns of Weekly Bank Failures Due to Real Estate Loans: ‘That’s a Fragile Animal Right Now’
the ubj via msn ^
| 5/10/24
| Story by Rahul Kumar
Posted on 05/10/2024 4:28:21 AM PDT by RomanSoldier19
click here to read article
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To: RomanSoldier19
I have said, 2008 is coming again.
2
posted on
05/10/2024 4:33:18 AM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
To: RomanSoldier19
I was in downtown Boston on Monday and Summer Street was full of people scurrying home from work.
To: RomanSoldier19
on the other hand, here in Hartford two modern office buildings within view of Aetna headquarters are unoccuppied.
To: SaveFerris
Office buildings could be converted to large apartments easily.
Federal banking law needs to be such that state and local governments can not put federally-backed institutions such as national banks and the FDIC at risk by ‘affordable housing’ and other unrealistic requirements.
To: Brian Griffin
Lots of people appear completely healthy right before they stroke out.
6
posted on
05/10/2024 4:42:00 AM PDT
by
EEGator
To: Brian Griffin
Well, we’ll see how that works out
7
posted on
05/10/2024 5:03:34 AM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
To: Brian Griffin
“converted to large apartments easily.”
Retrofitting plumbing would be a nightmare.
8
posted on
05/10/2024 5:24:12 AM PDT
by
dynachrome
("God grant I don't outlive my wits.")
To: Brian Griffin
here in Hartford Ewww, gross!
9
posted on
05/10/2024 5:26:54 AM PDT
by
Sirius Lee
(They intend to kill us. Plan to avoid this.)
To: dynachrome
There are plumbing and fire suppression issues for conversation of office buildings into residential space.
10
posted on
05/10/2024 5:39:17 AM PDT
by
gathersnomoss
(Just Give Me Truth.)
To: gathersnomoss
11
posted on
05/10/2024 6:24:08 AM PDT
by
john drake
(Lucius Accius-Roman,170 BC - "oderint dum metuant" translated "Let them hate so long as they fear")
To: Brian Griffin
If you don’t mind communal bathrooms without showers....
12
posted on
05/10/2024 6:25:07 AM PDT
by
john drake
(Lucius Accius-Roman,170 BC - "oderint dum metuant" translated "Let them hate so long as they fear")
To: dynachrome
Wahoooooo i loves those retrofits. I might even go back to work if that happens
13
posted on
05/10/2024 6:51:51 AM PDT
by
Keyhopper
(Indians had bad immigration laws)
To: Brian Griffin
What does that signify, to you?
14
posted on
05/10/2024 6:53:29 AM PDT
by
Carriage Hill
(A society grows great when old men plant trees, in whose shade they know they will never sit.)
To: RomanSoldier19
Bank Failures Due to Real Estate Loans.
Guess all them illegals aren’t paying their fair share of the rent.
15
posted on
05/10/2024 7:08:39 AM PDT
by
Vaduz
To: RomanSoldier19
16
posted on
05/10/2024 7:12:32 AM PDT
by
redgolum
To: Brian Griffin
No. They can’t.
Start with power and plumbing, then to food prep space.
17
posted on
05/10/2024 7:13:06 AM PDT
by
redgolum
To: gathersnomoss
"There are plumbing and fire suppression issues for conversation of office buildings into residential space."
That's just "Minor Red-Tape" problems for developers.
Here's the real problem:
NYC is Finished...(long version:move slider to 10:10 in video)
NYC is Finished...(short version:move slider to 13:20 in video)
Do Dem's only have one solution for all problems? Throw more money at it?
Many "New Yawkers" are in fear of "Being seriously killed"; if they ride the subway.
So, take several lines out of service; remove all rails and everything else out. Now you have a great big "sewer pipe".
New Yawkers can now be happy when they flush, they know that Jersey and Filthydelphia needs the water.../s
18
posted on
05/10/2024 8:44:40 AM PDT
by
guest7
To: SaveFerris
19
posted on
05/10/2024 11:20:38 AM PDT
by
ridesthemiles
(not giving up on TRUMP---EVER)
To: Brian Griffin
Converted-—YES
EASILY-—NO
Plumbing would need massive additions.
20
posted on
05/10/2024 11:21:29 AM PDT
by
ridesthemiles
(not giving up on TRUMP---EVER)
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