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There is no collapse in any real estate markets, at all.
by thinkingkong 6y ago
There is no collapse in any real estate markets, at all.
- outside1234 6y agoI think he is talking about commercial real estate -- which very well might collapse.
- toomuchtodo 6y agoMidtown Manhattan RE is definitely seeing a contraction, as is retail across most of NYC. Can’t speak to California real estate, although my understanding is that several tech companies have paid large amounts (8 figures) to terminate leases early. “Collapse” I’d agree is too strong of a word, but there is clearly distress in some RE asset classes.