WataruTenkawa on Nostr: The combination of plummeting occupancy and higher interest rates will make ...

The combination of plummeting occupancy and higher interest rates will make refinancing tougher for property owners, who may simply hand back the keys [to banks]. Banks could "end up with lots of offices" to try to sell at deep discounts. "This will bring back memories of the global financial crisis." https://theweek.com/finance/1022658/gathering-storm-banks-threatened-by-office-meltdown