If landlords can’t pay back loans on office buildings, the lenders will suffer. Some banks are trying to avoid that fate.

Hard times are likely ahead for a lot of people. Mind your expenses and plan to save where possible just in case. Apologies for having a doomer outlook; I’m very cynical about capitalism, especially in the USA.

  • Wes4Humanity@lemm.ee
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    5 months ago

    Probably selling them to our corrupt government… So we can all be left holding the bag

    • BeMoreCareful@lemmy.world
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      5 months ago

      I mean, it’s proven financial strategy. Money is just a number to rich people and if you need more the government will just give it to you.