The Coming Commercial Real Estate Collapse
More and more large, midsize and small companies have kept their workforce remote and have therefore been able to move away from urban headquarters; avoiding high costs, property and rent taxes as well as increasing crime problems in cities. But there is a coming dark side: all of this may result in a dangerous commercial real estate collapse, which could be devastating to many large cities.
In 2024, analysts say nearly a trillion dollars in commercial real estate loans will mature leaving payments too high to be made and defaults soaring. Add to all of this the growing ubiquity of Artificial Intelligence leading to staff cuts which, again, provides another reason not to rent large amounts (or any, in some cases) of office space.
Swiss America CEO Dean Heskin and Chris Agelastos take a deep look at what we will see in 2024 as well as when and how hard the crash will hit hardest on The Secret War on Cash.
Thank you for listening.
Call for your FREE copy of The Secret War on Cash newsletter: (800) 289-2646 or
Visit our website for more information: https://www.swissamerica.com
Call for your FREE copy of How the Coming Global Crash Will Create a Historic Gold Rush: (480) 548-2975
Follow us on Facebook: https://www.facebook.com/swissamerica/
Follow us on X (Twitter): @Swiss_America
Follow us on LinkedIn: https://www.linkedin.com/company/1023049
Articles discussed in this podcast:
About $929 billion commercial mortgages will mature this year—and it’s just another sign of the impending commercial real estate downfall (aol.com)
The layoffs sweeping tech companies are 'contagious' and 'may get worse,' Jefferies analyst predicts (newsbreak.com)
-
8:56
NextNewsNetwork
2 months agoCommercial Real Estate Collapse Imminent: Your Bank Deposits at Risk as Vacancies Soar
1.55K -
9:30
Nate Necochea
3 months agoReal Estate "Doomsayers" WRONG? Why the Housing Market Won't Crash in 2024
561 -
4:38
AugustaPreciousMetals
3 months agoIs Commercial Real Estate the Next Banking Meltdown Trigger?
-
5:57
AugustaPreciousMetals
3 months agoWeakness in Commercial Real Estate Could Threaten Economy
-
20:21
Health Ranger Report
3 months agoThere are NO COMPUTER MODELS for the total financial collapse that's coming...
12.3K8 -
13:34
Health Ranger Report
3 months agoBack with a vengeance: The Fed's response to inflation will WRECK commercial real estate...
8.04K10 -
56:50
The David Knight Show
3 months agoINTERVIEW Commercial Real Estate Bank Crisis Avalanche
1.69K2 -
10:33
George Rodriguez: Tacoma-Seattle Real Estate Expert
3 months agoFebruary 2024 Real Estate Meltdown: What's Plaguing Tacoma & Seattle?
137 -
34:23
ITM Trading
30 days ago $1.05 earned“Extreme” Times Right Now, Worse than 1970s, Dollar Collapse is Next
9695 -
13:59
GET RICH EDUCATION
1 month agoIs Population Decline the #1 Threat to Real Estate? - with Secretary of Banking
32