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San Francisco has major issues, but this could also be interpreted as interest rates returning to the range of historic means causing the waters to recede and s
by m0llusk 3y ago
San Francisco has major issues, but this could also be interpreted as interest rates returning to the range of historic means causing the waters to recede and show everyone who has been swimming naked. With great leverage comes great risk.
- storkhm 3y agoI am sure this is just the beginning. The gym I go to is closing shop because I think the rent the commercial property owner has to charge is not worth it to the gym owner but to charge less is not worth it to the property owner. It is going to end up the bank's problem. Going from 0 to 5% like this is probably taking the swim trunks off people who did completely prudent due diligence to not swim naked.