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.

  • zabadoh@ani.social
    36·
    5 months ago

    Depends on how likely your bank thinks you are to default on your mortgage…

    Tell your bank, you’ve lost your job, going to prison, and you’re newly divorced with large alimony payments. /s obviously.