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Real estate, especially prime commercial real estate was a sure bet for a while. If a company can’t service the debt the bank gets a valuable asset. It might be
by failuser 3y ago
Real estate, especially prime commercial real estate was a sure bet for a while. If a company can’t service the debt the bank gets a valuable asset. It might be not so valuable with work from home taking hold.
I still doubt the whole scenario. I hope some emergency regulations to turn empty commercial real estate into housing is passed, I know it’s not ideal, but it’s not impossible.