Biggest issues are the CRE Commercial Real-estate loans coming due this month and later. Work from home, we don’t need office space anymore, and refinancing from 0 to high, don’t have the money plus everything is slow now anyway. We are going into a synchronized recession at best, most of the bank consolidation should be over by the end of 2024. Good luck everyone
Biggest issues are the CRE Commercial Real-estate loans coming due this month and later. Work from home, we don’t need office space anymore, and refinancing from 0 to high, don’t have the money plus everything is slow now anyway. We are going into a synchronized recession at best, most of the bank consolidation should be over by the end of 2024. Good luck everyone
I sure hope that's true it will end by 2024. Most things take time.