If landlords can’t pay back loans on office buildings, the lenders will suffer. Some banks are trying to avoid that fate.

If landlords can’t pay back loans on office buildings, the lenders will suffer. Some banks are trying to avoid that fate.

Hard times are likely ahead for a lot of people. Mind your expenses and plan to save where possible just in case. Apologies for having a doomer outlook; I’m very cynical about capitalism, especially in the USA.

  • Asafum@feddit.nl
    3·
    6 months ago

    Isn’t this just going to be “great recession 2 office building bugaloo?”

    Part 1 was the great recession caused by sub prime loaning assholes and combined debt packages.

    Similar story different players apparently…