preston on Nostr: Downtown commercial Real Estate is not only MASSIVELY impaired, but it’s insanely ...

Downtown commercial Real Estate is not only MASSIVELY impaired, but it’s insanely illiquid…best of luck to the owners when the currency and credit collapse starts accelerate.

IMHO we ain’t seen nothin’ yet…and speed of settlement is going to be of the essence.

https://www.zerohedge.com/markets/older-office-towers-cities-face-tsunami-trouble