https://watcher.guru/news/brics-bank-of-america-issues-warning-of-us-dollar-collapse#:~:text=Bank%20of%20America%20warned%20in%20the%20latest%20piece,Hartnett%2C%20Chief%20Strategist%20of%20Bank%20of%20America%20wrote. https://x.com/thehill/status/1765856467599417793 Setting the stage.

Prices will fall another 10% in 2024, he estimated, making for a 20% peak-to-trough decline. Some commentators have warned of an even more severe crash coming for commercial real estate. One NBER paper estimated that total losses in the CRE space could pile up to $160 billion.

• forward loans will reset at higher interest rates.