4 ms·
> I’ve seen 10x more modifications in the last 3mo than I saw my entire career including the great financial crisis. So what’s economic outcome of all this? It
by innagadadavida 6y ago
> I’ve seen 10x more modifications in the last 3mo than I saw my entire career including the great financial crisis.
So what’s economic outcome of all this? It looks like more commercial properties should get rented out and the rents should also fall?
- throwaway1777 6y agoIn theory down cycles are healthy to clear unprofitable businesses out of the economy and replace them with new ones. But it’s always complicated. I’m sure some analysts are earning their salaries this year figuring it out.
- rasz 6y agoAs long as government keeps propping real estate in a bid to prop banks up nothing will change.