The Commercial Real Estate Crisis Hiding In Plain Sight
==========
Federal Reserve Vice Chairman for Supervision Michael Barr warns of a potential wave of commercial real estate loan defaults that could overwhelm the federal deposit insurance safety net. The banking system should be prepared to absorb loan losses and continue providing credit to households and businesses. The data suggests that the commercial real estate loan concentrations and banks' diminished capital loss-absorbing capacity have primed the system for a crisis similar to the 1980s Savings and Loan Crisis.
#CommercialRealEstate #BankingSystem #LoanDefaults #FederalReserve #BankFailures
https://www.aei.org/op-eds/the-commercial-real-estate-crisis-hiding-in-plain-sight/
American Enterprise Institute /
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2024-05-29 14:29:11
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wss://relay.nostr.band/allPublished at
2024-05-29 14:29:11Event JSON
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"content": "The Commercial Real Estate Crisis Hiding In Plain Sight\n==========\n\nFederal Reserve Vice Chairman for Supervision Michael Barr warns of a potential wave of commercial real estate loan defaults that could overwhelm the federal deposit insurance safety net. The banking system should be prepared to absorb loan losses and continue providing credit to households and businesses. The data suggests that the commercial real estate loan concentrations and banks' diminished capital loss-absorbing capacity have primed the system for a crisis similar to the 1980s Savings and Loan Crisis.\n\n#CommercialRealEstate #BankingSystem #LoanDefaults #FederalReserve #BankFailures\n\nhttps://www.aei.org/op-eds/the-commercial-real-estate-crisis-hiding-in-plain-sight/",
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