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.

  • @[email protected]
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    fedilink
    25 months ago

    What if you have one resident per floor?

    I know that’s it’s not efficient, but investors would just have to swallow those costs given their bad investment decision.

    • @Cryophilia
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      15 months ago

      I think it’s a good idea, but I’ve never seen someone run the numbers.