Um, Everyone in America Might Wanna See This Before Next Month..
message strange truth world news current events 2023 today this week this month motivation
A cataclysmic commercial real estate collapse is happening in plain sight and no one seems to be talking about it. We’ve just recorded the biggest month-over-month property value drop since the global financial crisis. The sector is facing an increasingly dire situation fueled by weakening demand, record storefront vacancies, a shift to remote working, and souring credit conditions. Experts say that the slump in the world’s biggest asset class has spread from the housing market to commercial real estate, and now a flood of distressed loans can result in an 84% value destruction and unleash serious turmoil all across the U.S. economy.

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