Yeah it was interesting to see https://www.youtube.com/user/rossmanngroup https://www.youtube.com/user/rossmanngroup commercial estate videos how large portion

Yeah it was interesting to see https://www.youtube.com/user/rossmanngroup https://www.youtube.com/user/rossmanngroup commercial estate videos how large portion of real estate is up for rent in NY but as the house of cards is built on cheap mortgage or black money no one is willing to bring down rent. Even NY government is unwilling to as that would mean they would loose billions in property taxes. But as interest rates rise landlords will come under pressure to sell the properties or lower the rent so that they can at least meat interest payments which will result in lower valuations and margin calls.