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Saturday, December 16, 2023

Severe Crash is coming.....

 

Here's The Atlantic...

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Here's the New York Post...

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And here's Yahoo! Finance.

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This is the problem in a nutshell...

  • Millions of office buildings across America remain half-empty after the pandemic crushed businesses
  • Interest rates have surged
  • All the while, there's $1.5 TRILLION in commercial real estate loans coming due within the next 24 months.

In other words, commercial real estate landlords are trapped under a mountain of debt.

It’s "A category 5 hurricane," according to billionaire real estate investor Barry Sternlicht.

BE PREPARED!

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