Commercial Real Estate Troubles Call for 80s, S&L Style Solution

An upcoming commercial real estate crisis could negatively affect the US economy in a way not seen since the real estate collapse of 2008. Workers aren’t returning to their offices at anywhere near pre-pandemic levels, leaving building owners and banks up against a looming default crisis. 

That drag could in turn slow the entire US economy, bringing financial pain to a broad swath of the country. Preventing that may require a bolder national solution – possibly for policymakers to find a way to allow banks to take their commercial real estate assets off their books without penalty. 


Read Full Article »

Show comments Hide Comments

Related Articles

Market Overview
Search Stock Quotes