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submitted 1 year ago by Yuritopiaposadism@hexbear.net to c/urbanism@hexbear.net

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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.”

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[-] Tomboys_are_Cute@hexbear.net 18 points 1 year ago

Maybe don't have the plurality of your country's economy be in real estate. I dunno, I didn't go to Rotman or anything but that seems pretty straightforward to me