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.

  • @I_Miss_Daniel
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    36 months ago

    … and in Australia (at least) you pay a massive Stamp Duty each time you buy a new place.