You may not understand what this really means. The largest REIT (Hotel owner in the US) has defaulted on 700M USD on loans for two hotels in SF. This basically means that it is IMPOSSIBLE to make money on hotels in downtown SF and for a long time. If you read their release they mention a few key points with interesting language. The most interest is the compression of the market is unmaintainable. Ie. Niggers can not be controlled in a window where business is possible. This makes the hotels the banks problem. There is no short term result that the government of SF could do to solve this except mass execution of these faggots near there. So basically a domino effect has started. If you have loans on buildings or business in SF, you need to default. Let the banks deal with this. Which means the Jews suffer. This is good. This is very good.
Good analysis. Oh, and the path to recovery isn't clouded, it's non existent because the elephant in the room is niggers. They won't be getting rid of them anytime soon.
i agree, but much like the banks that should have collapsed in 2008 I hope this doesn't turn into a taxpayer funded bailout AGAIN. everything is about incentive and precedent and they set the precedent in 2008.
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