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.

  • Grandwolf319@sh.itjust.works
    link
    fedilink
    arrow-up
    2
    ·
    6 months ago

    What if you have one resident per floor?

    I know that’s it’s not efficient, but investors would just have to swallow those costs given their bad investment decision.