Downtown commercial Real Estate is not only MASSIVELY impaired, but it’s insanely illiquid…best of luck to the owners when the currency and credit collapse starts accelerate.
IMHO we ain’t seen nothin’ yet…and speed of settlement is going to be of the essence.
https://www.zerohedge.com/markets/older-office-towers-cities-face-tsunami-trouble
preston
npub1s5…s6q7z
2024-08-28 10:56:54
Author Public Key
npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7zPublished at
2024-08-28 10:56:54Event JSON
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"content": "Downtown commercial Real Estate is not only MASSIVELY impaired, but it’s insanely illiquid…best of luck to the owners when the currency and credit collapse starts accelerate. \n\nIMHO we ain’t seen nothin’ yet…and speed of settlement is going to be of the essence.\n\nhttps://www.zerohedge.com/markets/older-office-towers-cities-face-tsunami-trouble",
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