6 ms·
30% market correction will effectively wipe out many players in commercial real estate. Even less than that for many. Keep in mind, real estate is often highl
by DevX101 6y ago
30% market correction will effectively wipe out many players in commercial real estate. Even less than that for many. Keep in mind, real estate is often highly levered so these property owners still have to pay a bank their money.
- baskire 6y agoThey’d just be underwater. But if the property is cash flow positive, over time they’d recover.