If landlords can’t pay back loans on office buildings, the lenders will suffer. Some banks are trying to avoid that fate.

If landlords can’t pay back loans on office buildings, the lenders will suffer. Some banks are trying to avoid that fate.

Hard times are likely ahead for a lot of people. Mind your expenses and plan to save where possible just in case. Apologies for having a doomer outlook; I’m very cynical about capitalism, especially in the USA.

  • aramis87@fedia.io
    21·
    4 months ago

    Why are you paraphrasing the article like this is your own personal analysis?

    • FuglyDuck@lemmy.worldEnglish
      131·
      4 months ago

      Because I didn’t read the article.

      NYT’s has paywalls for days… I deal with a lot of property managers and this is more or less what they’re talking about. the banks could ease the problem by waiving the terms, but they’re electing not to.