https://finance.yahoo.com/news/no-one-saw-coming-kevin-133000274.html

“No one saw this coming,” entrepreneur Kevin O’Leary said in a recent interview with Larry Kudlow of Fox Business. And O’Leary believes the issue will manifest itself in the regional banking sector. “These banks are going to fail,” he said, “because up to 40% of their portfolios … are in commercial real estate.”

  • SerLava [he/him]@hexbear.net
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    9 months ago

    God, imagine the incredibly cheap office space you’ll be able to rent out if it really does collapse. Yes I think I will have a 2000 square foot former insurance brokerage to use as an art studio for 200 dollars a month split between 2 buddies

    Living spaces as well, sometimes, but many buildings won’t work for that.

    • GarfieldYaoi [he/him]@hexbear.net
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      9 months ago

      porky-scared-flipped: “Whoa whoa whoa…WHOA! Di…did you just suggest living on your own SHOULD be something that’s NOT a luxury for the rich??? Why do you hate freedom? You’re gonna live in the suburb forever, and YOU’RE GONNA LIKE IT!”