Even bigger, most of the buildings are highly leveraged. There literally is no incentive unless the mortgages can be restructured, as the ultimate prices will be forwarded to the renter.
Everyone’s underwater a there isn’t a good solution without massive price decrease (crash) or commercial space demand re-invigorates.
Everyone’s underwater a there isn’t a good solution without massive price decrease (crash) or commercial space demand re-invigorates.