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Troubled Commercial Real Estate Loans Outstrip Reserves at Top US Banks
(www.businessinsider.com)
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this post was submitted on 26 Feb 2024
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Oversupply in real estate causing banking debts to go underwater is the same problem, regardless of how that oversupply happened.
The nuance is important because who or what we blame will guide our solutions to the problem and what we do to mitigate the risk of it happening again.
The burrito and the cheesecake are both food, but if you start eating a cheesecake a couple times a week for lunch, you’re going to have problems. Nuance is important.