I look forward to commercial real estate imploding.
I look forward to commercial real estate imploding.
Commercial real estate has been a bloated Ponzi scheme for decades. It should have crashed 20 years ago. It's all a scam and the correction is going to crash the economy in a way we have never seen before and it wont just be in the US either, it is going to be world wide.
Archive: https://archive.today/PEdw7
From the post:
>Landlords for offices, apartment complexes and other commercial real estate have $1.5 trillion of debt due by the end of next year, and about a quarter of that borrowing could be hard to refinance, according to Jones Lang LaSalle Inc. The value of buildings has broadly dropped after higher interest rates boosted funding costs for property owners. Those lower valuations make it harder for landlords to borrow as much, forcing many property owners to raise equity capital to secure new debt or extend their existing facilities.
Commercial real estate has been a bloated Ponzi scheme for decades. It should have crashed 20 years ago.
It's all a scam and the correction is going to crash the economy in a way we have never seen before and it wont just be in the US either, it is going to be world wide.
Archive: https://archive.today/PEdw7
From the post:
>>Landlords for offices, apartment complexes and other commercial real estate have $1.5 trillion of debt due by the end of next year, and about a quarter of that borrowing could be hard to refinance, according to Jones Lang LaSalle Inc.
The value of buildings has broadly dropped after higher interest rates boosted funding costs for property owners. Those lower valuations make it harder for landlords to borrow as much, forcing many property owners to raise equity capital to secure new debt or extend their existing facilities.
(post is archived)