140

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.”

you are viewing a single comment's thread
view the rest of the comments
[-] SerLava@hexbear.net 21 points 1 year ago* (last edited 1 year 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.

[-] Dessa@hexbear.net 12 points 1 year ago

For 200 a month, I will find a way to make that a living space if it means I have to shit in a bucket

[-] Phish@hexbear.net 10 points 1 year ago

With the money you save in rent you could buy a pretty sweet composting toilet

[-] Beaver@hexbear.net 12 points 1 year ago

I wonder how many times over we could house every person without a home in idle commercial real estate?

[-] GarfieldYaoi@hexbear.net 9 points 1 year 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!"

this post was submitted on 05 Oct 2023
140 points (100.0% liked)

urbanism

22558 readers
15 users here now

This was supposed to be c/traingang, so post as many train pictures as possible.

All about urbanism and transportation, including freight transportation.

Home of train gang

:arm-L::train-shining::arm-R:

Trainposts highly encouraged

Talk about supply chain issues here!

List of cool books and videos about urbanism, transit, and other cool things

Titles must be informative. Please do not title your post "lmao" or use the tired "_____ challenge" format.

Archive links for reactionary sites, including the BBC.

LANDLORDS COWER IN FEAR OF MAOTRAIN

"that train pic is too powerful lmao" - u/Cadende

founded 4 years ago
MODERATORS