this post was submitted on 22 Dec 2023
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US banks could get slammed with another $160 billion in losses as commercial real estate faces its biggest crash since 2008 (www.businessinsider.com)
submitted 10 months ago by yogthos@lemmy.ml to c/us_news@lemmygrad.ml
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[–] davel@lemmygrad.ml 10 points 10 months ago

If only the municipalities would eminent domain them at the dip and make them into pubic housing. We’re programmed to view public housing as a drain on resources, when the rents in fact contribute to the city’s revenue.