What is Nostr?
pdj / PDJ
npub1jcr…3whq
2025-02-16 17:50:53
in reply to nevent1q…8n8a

pdj on Nostr: I believe so. I’m shocked that commercial real estate hasn’t collapsed more banks ...

I believe so. I’m shocked that commercial real estate hasn’t collapsed more banks as regional smaller banks own the majority of commercial real estate loans. It feels like a house of cards that can’t afford the slightest bit more of drawdowns.

Residential real estate is inflated from immigration, money printing, AirBnB types of businesses, homes being used as store of value and the necessity of more income.

DC feels big enough to start a collapse in commercial and residential home values that kick off the regional banking collapses.
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npub1jcr32x73453qdjp9wplk5kp6mxhdzttrvl4dvfhtyj3f8punn2hqds3whq