4 ms·
I’m not a commercial real estate guy, but…please be careful about wishing a “crash” on any sector of the economy. Whether you live in the US or not, commercial
by jschveibinz 4y ago
I’m not a commercial real estate guy, but…please be careful about wishing a “crash” on any sector of the economy. Whether you live in the US or not, commercial real estate investments are widely held—not just “those stinkin’ bilyunares.” A commercial real estate default would kill many urban centers and that only makes things worse for urban residents-rich or poor.
Here is a relevant stat: 150 million Americans own some type of investment in REIT’s. Even if you don’t believe the number, I betting that the order of magnitude is correct.
https://www.reit.com/data-research/research/nareit-research/150-million-americans-own-reit-stocks https://www.reit.com/data-research/research/nareit-research/...
- olddustytrail 4y agoSure, but how many of those are in funds of some sort where 1% is in REITs? They might not care that much.