The Silent Crisis in Real Estate No One Is Talking About
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- Опубликовано: 5 фев 2025
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The commercial real estate market is facing a pivotal moment, and banks are at the center of the storm. For years, they've relied on a strategy often referred to as "extend and pretend" to avoid foreclosures and massive write-offs on loans tied to struggling properties. But as we approach key debt maturities in 2025 and beyond, the cracks in this approach are beginning to show.
In this video, we dive deep into how this strategy works, why banks are hesitant to take back troubled assets, and what it means for borrowers, investors, and the broader economy. We’ll explore the challenges of declining property values, rising operational costs, and why some banks may be running out of time.
Whether you’re an investor looking for opportunities in distressed markets or simply curious about the hidden risks in commercial real estate, this video will give you the insights you need to understand what’s happening behind the scenes.
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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
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I won't invest but I will thank you for making dollars go Poof!! by investing in these commercial properties at 50 cents on the dollar when they are going to 20 cents on the dollar. A dramatic increase in demand for dollars is the ONLY solution to Amurika's debt problems. And you are definitely contributing to the $trillions about to come out of assets of every kind. Thanks for making dollars go "Poof!" Contact me when MC Companies itself in on the brink of bankruptcy....maybe I can shuffle through the shitbag you were left holding and pull out a gem or 2.
They're worried because of the NYC trump case. They are all fucked....
My city raised taxes on private homeowners and decreased commercial taxes. Another version of a bailout for the wealthy underway.
But but but, the economy is reliant on businesses, you see? 🥺
The people's ability to buy and put cashflow into those businesses is apparently not important...
Lib city I’m sure
The jews 😂😂😂 you are the new Palestinians. Trump.sold you out
@@than9350
Republican state and city. Republicans always cut taxes for the wealthy over the decades, it's why the US has such insane budget deficits. Another massive tax cut for the wealthy coming and another 10-15 trillion added to the federal debt over the next 4 years. Economy will dump, voters will vote Democrats in and Republicans will scream we need to stop these communist people who spend so recklessly. Same old song and dance.
@@remix-yy1hs
Trump is an elite establishment politician with only one goal, to enrich himself. Greatest con I have ever seen in my lifetime, pretty amazing to watch.
Banker here. Any time you renew or give out new money you have to reappraise. Regulator guidance and I believe FASB-114 or 426 or whatever it is now. As long as they are current or have capacity to repay LTV (Loan to Value) doesn't matter as LTV is a secondary source of repayment. Your 90% right. But not on the fine details. Here is what I see, as office space leases mature, valuation will drop and more companies will shrink their footprint, rents will come down due to WFH. LTV/Valuations will crash. Banks are trying to smooth this all out and Chase is demanding back to office to try and smooth it out. Municipalities are trying to smooth it our too b/c they rely on that tax bases, commuters, sales tax, etc. But...office space is the horse, VHS, Type Writer. Banks and regulators are trying to avoid a complete restructure of the economy at one time and are trying to smooth it out.
How dare you have a reasonable take where banks understand the problem and the future and aren't being malicious but rather trying to smooth out losses while transitioning to where reality is going!
@@superbbackhand180 lol. I know, I should have led with a conspiracy theory.
Thank you for make me smarter
Wow, people still write solid well thought out comments. Thanks!
Thieves will tell their stories
If you owe the bank $5000 & you cannot pay, then you have a problem.
If you owe the bank $500,000,000 & you cannot pay, then the bank has a problem.
No. The bank seizes any assets, sells them for 30% of the value, sues for the rest, and puts a permanent black mark on the credit of the company, board, ceo, and cfo.
@davidbeppler3032 the amount is the issue. You are correct, in normal circumstances
Unless you are Trump!
@@cookiemonstakjs especially if you are Trump. It's his quote, among others.
@@davidbeppler3032Then that person will file for insolvency.
Banker here. Most buildings were refinanced at 80% when rates were 4%. Now rates are about 7%. Many loans have collateral shortfalls with unrealized losses. Could be trouble.
Why? Seize it, sell it, sue, destroy the credit of the board, ceo, and cfo.
Never gonna happen @@davidbeppler3032
This is residential as well. Unless you think that a 600sq ft 1-bed condo with a kitchen-window view of a freeway onramp is actually worth $495k that is. The last thing that the bank holding the paper wants is for that place to be marked to market. The banks are doing everything they can to push out the day of market price discovery.
Edit: btw, this place is about 6 miles from the recent "Eaton" fire in SoCal as well.
Well said!
Which freeway? 😂
Maybe Elon will buy the condos for his robot workforce? They may love highway views.
Los Angeles, double that
This is why companies are pushing return to office, not productivity. Plus opex savings for those that quit.
Yup. They have to do something with real estate they can't unload and they want to reduce workforce size without announcing layoffs.
A friend of mine evaluates properties for malls, high rise buildings and such. He said high rise buildings are worth a fraction of what they used to. All major real estate is worth significantly less. All these banks are in trouble
No, they'll just push off the debt on their clients by aggressively marketing investments to them, only to "rugpull".
This has been going for 2-3 years and we seen no crash because almost all big offices are owned by big companies and it’s not an issue for them if it goes down in value 30-40% . Small office is still strong and all other asset classes are all performing well.
And none of them are accurately reporting the true value of the properties. That data is " behind the balance sheet" as is said in this video, in other words NOT on the balance sheet.
@@sdhillon901
It's not an issue for them because the government will just bail them out... Again
Also the higher the value the more you pay in real estate taxes, the cities have already spent the money so they need the values high.
I've been saying how it feels like 2008 but everyone says "No, it's different" so this just solidifies it. At least, this time, when it crashes, the banks will take the brunt of it.
Commercial property has been way overpriced IMO for a long time. There is no demand for office space and yet they keep on building more office space.
Maybe builders will finally have to stop doing that and make housing again lol
As a person who is actively getting out of the building industry. We are becoming like the Chinese. We have a whole lot of empty structures. And most of them are at, or not far from working order. For most of the past 3 years in the PNW. We have been actively overbuilding. Although we do have socialism for the rich, and corporate. Large amounts of over supply, and under demand. Eventually leads to prices caving in. This will happen much sooner than later. Keeping government in office buildings will help for a while. Not long.
The problem with the banks "risk management teams" is they were wrong. Several years ago loaning money for an office building was considered near zero risk. The banks, somewhat understandably, figured the 30% down payments on these buildings meant the building owner absorbed all the risk. Correct me if I am wrong but a lot of this debt was sold of as AAA and that is now a major problem. ZIRP isn't coming back to save these banks and the problem is growing bigger by the day as extremely low yield debt inches closer to maturity. Jingle mail is coming back to these banks.
My understanding is the bigs don't usually hold these notes or originate them. Insurance companies have moved into this space with rates the bigs can't or won't compete with. Big banks do the ground up financing and bridge loan financing.
Possessive apostrophe usage on the word "banks" would be helpful for your first sentence. "The problem with the banks' "risk management"...
Thanks!
The problem with commercial real estate is the real reason for all these ridiculous "return to office" demands from big corporations. What they don't (or refuse to) understand is that it is a very short-term "fix" - if it works at all - because most of the talent will just start planning to leave for all the competing companies that embraced WFH. There's simply far too much unwanted office space, at too-high valuations - eventually it will all have to get marked to reality
It's surprising to see landlords taking such drastic measures. I wonder what's causing it.
I think it might be related to the broader economic uncertainties. With the fluctuating job market and remote work trends, people might be reconsidering their living situations, and landlords are adjusting to the new demand.
With all these changes, I'm thinking it might be a good time to revisit our overall financial strategy. Maybe consulting with a financial advisor could provide some insights into how to navigate through these shifting economic landscapes.
That's a smart idea. A financial advisor can help us assess our current financial situation, including housing costs, and develop a plan that aligns with our goals. Especially during times of market turbulence, having a professional guide can be invaluable.
Please how do I find and contact this financial counselor ?
Sharon Ann Meny deserves credit as one of the finest portfolio managers in the industry. Her reputation precedes her, and I highly recommend looking her up to locate her online if you are internet-savvy
Keep it high and decrease these insane asking prices!
Basically confirms why all these companies are mandating RTO. Problem is, they are the ones that invested in an obsolete business model. That is not the employees problem.
Refuse RTO. Get a new job that does not demand it. Can't find that job? Start a business competing with your old one without RTO and put them out of business.
I think RTO is more about attrition than anything else.
Real estate (especially commercial real estate) has booms and busts. It has always been this way, and it will always continue to be this way. If you do not prepare to weather the storms, you will be one of those who fail.
After your video about XAI308K the coin's price jumped from 50 cents to about $1. You guys nailed it 👏
Yes very important to spread the truth of what's happening
I remember the crash of 2008 and the cities where sending bills to the people that got foreclosed on, kicked out, for grass cuttings by the city. Always sucking up to the bankers, they would not send the bill to the actual owners.
I see a day coming soon where we all work for the banks, live in bank owned housing, eat food from bank owned farms, and watch the news from bank owned tv stations.
In a convoluted way, this is already the case.
Yes, 5 to 7 year balloon notes on commercial property. They do have to be renewed (with a new appraisal). Mark to market.
And some of these commercial loans were interest only at 1%!
More immediately than a collapse in the stock or real estate markets, inflation directly impacts people's standard of life. It is hardly surprising that the present market attitude is so negative. If we are to live in this economy, we are in dire need of assistance. ETF and stock markets are still unpredictably volatile, just like the housing market. My $350k" portfolio has been reduced to rubble.
A lot of people are still making returns on investment this period. You just have to be very grounded or solicit the help of a professional.
In my opinion, it was much easier investing back in the 80s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.
Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
Melissa Terri Swayne is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
This is useful information; I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
The “price decreases” I see in my market are like 5k off and I laugh because that’s Pennies on a payment. Prices doubled in the last 4 years!!!
No background is better. I always feel immersed your discussion. Background sounds and effects makes it hard to focus on what you say.
Ken and Daniel I have a question? In 2010 I called the bank that owned the loan to a friend's house in Florida for $130,000 they had been written about 5 years earlier (lots of interest had been paid and some principle). I asked them to lower it to $95,000. They bank kept changing the person assigned to this case. After talking with two different people, both saying they would call back but didn't. I called again and talking to a new-third person assigned to the case I offered to but it outright for $95,000. Of course they didn't callback. It became a bankowned property and sold for $40,000 about a year later. What happened? Was it easier for the banks to get bailout money?
Hi Ken. If a bank takes back a property, can a regular person like me take over that property and just pay down the existing loan? I've been thinking about asking my bank to see if they have any properties they need to get rid of.
The biggest challenge will be the ever increasing cost for insurance, which will kill any cashflow.
Little known fact, the banks also have a rating system that includes events such as foreclosures, that adversely affect their ratings under the heading of issuing underperforming or non-performaning mortgages and loans. Bring that to the forefront of the conversation if the lender is pretending to play hardball with threats of foreclosure or default.
Home prices are falling in Florida but not as fast as they shot up in prices!!!!!!!
did you actually read what you wrote?
Insurance!!1!!1
The first phase of this crash was an appreciation crash. You can't being driving 20 mph and then shift into reverse. You need to hit zero before you can go backwards. Even if home prices are flat that is still a remarkable retreat from 20% YoY appreciation. The same force that lowered appreciation from 20% to 0% will eventually cause prices to fall.
In my opinion, buying in FL, you are just asking for financial ruin. Insurance and Banks are going to continue to tighten up. Good luck but that state is on a Baton Death March.
Who is loaning out the money the bank or is it the depositor or the mutual fund ie reit that actually forked over the $$ where bank is the middle man
Awesome sound balance! Re-super glue the knobs down weekly!
It won't be called "Bank-Owned", it will be called "REO" (Real Estate Owned) i.e. the asset owns itself.
Hi mate so excited today just reached my goal of 400k since June2024 to Jan 2025 I thank GOD for the life and wisdom shared
...
this is huge amount congrats to you
interesting I'm 57 and no much income in my life how do I make it like you if possible 🙆
From $10,000 to $76,000 that's the minimum range of profit return every week I thinks it's not a bad one for me. I now have enough to pay bills and take care of my family.
Day trading is the best way of making money in the market due to lack of experience which resulted in loosing funds... But miss agnes christias , restored hope shes a good woman
Life is easier when the cash keeps popping in, thanks to agnes christias
Banks have no risk. Government will bail them out no matter what. The wealthy are fully subsidized by us working schlepps.
Socialism for the rich, brutal cold capitalism for workers.
Bottom line, what happens if the borrower does not have assets for the bank. Commercial building values are not going to magically go up in 2025..
The building owners actually have some leverage over the banks. This is why it hasn't all fallen apart, yet. If I owe you a 100M on a building now worth 55M do you really want to take the asset from me and book a 45M loss? Or you going to give me a sub-prime loan and lose 275K per month?
Don't have a job = can't afford housing.
Have a job = can't afford housing.
So why have a job?
I’m closing in on my retirement and I’d like to move from Regina to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation.
Finding financial advisors like Lisa Grace Myer who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@@Vincent-j8upersonally I would advice against investments/stocks unless you're knowledgable on the area. The market is very unstable right now.
Actually, commercial lending on commercial property, other than offices, is getting a bit easier. Still very expensive.
Thank you very much. Ken McElroy.Thank you Return on information. Thank you very much
Ken took my advice and dated the rate and married the realtor.
*You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $5K into trading from just few months ago and now they are multimillionaires*
This is what Esther A Berg does, she has changed my life. After raising up to 60k trading with her
I know Esther A Berg, and I have also had success...
Absolutely! I have heard stories of people who started with little or no knowledge but managed to emerge victorious thanks to Esther A Berg
+1
80
Get rid of the background music please
And get rid of Denille. WHY is she here, she has ruined the show
Its an investment contract not a consumer credit contract, very big difference. Consumer credit contracts ate non negotiable and investment contracts are negotiable which are put in mortgage backed securities having a maturity of 30 years.
How many of these extend and pretend loans are beneath market interest rates too? At some point it’s got to be beneficial for the bank to take a hit on a loan loss to reallocate the capital to current market rates.
So, if house prices are falling then why is building new so expensive?
Housing prices are not falling. Commercial office space is falling. They overbuilt more than a decade ago way before COVID. There would be 20% vacancy rates and yet they kept on still building office buildings.
because it's the land price that's in a bubble and developers are driving it up......
Straight knowledge
Great video❤️💫Success depends on the amount of hard work and risk you take. Regardless of so many financial challenges, I thank God for a life transforming occurrence after past struggles.
Elizabeth Ann Hanson I really appreciate her efforts and transparency.
God has used her to save so many families financially. I remember when I met her at the bank, she was indeed a good woman.
Giving her my initial savings of $43,000 to invest in a brokerage account was a turning point in my life. It's been an incredibly rewarding experience and the best decision I ever made!
when someone is straightforward and good at what she does best. People will always speak for them.
Can't imagine earning £30k monthly, God bless Elizabeth Ann Hanson,God bless America❤️🇺🇸
The reason a bank can be in trouble is that if they foreclose on a property they have to get it appraised. It’s now an REO, real estate owned. BIf the appraisal is less than the loan they have to take the loss on their balance sheet. Their net worth is lowered. If they are publicly traded it can hurt their stock price. The bank now owns the property and incurs the expense of owning it.
PLEASE REMOVE THE BACKGROUND MUSIC! It makes it seem like a commercial thats about to end.
Buyers want half price, sellers want double price. Who will win?
What's with the music?
yeah i’d lose the tune
What happens when the places where folks heading back south are freed up? That’s millions of folks presumably that will create a vacuum effect increasing supply 1:00
Where was “extend and pretend” when the residential real estate market started rolling over in 2007?
IT WAS THERE, STAYED IN MY $975K HOUSE FOR 13 YEARS ONLY PAYING HOMEOWNERS INSURANCE UNTIL I MOVED AWAY FROM CROOK COUNTY ILLINOIS!
Unemployment sky rocketed and people foreclosed
Commercial is still cash flowing. Residential was not. It's hard for a bank to make a deal with someone who is unemployed with no income. The banks eating 20 or 30% of a payment for a commercial building is more practical than them eating 100% of an unpaid mortgage payment. But that is a good question that got me thinking and I could be wrong but this is my theory.
search for house loan advertisements 2007, they knew....
Pretend and extend has been going on now since 2009 with the help of central banks.
Unlike the situation 15 years ago, the clock is ticking as WFH and retail have slowly evolved.
Other issues (climate change, energy costs, generational habits, residential prices) will end up forcing a more realistic adjustment to obsolete commercial property.
Personally, I think that the banks need to focus on repayment, not refinancing.
And this is precisely why people were able to live in their homes for many years after the 2008 crash (without making a payment) because once the bank foreclosed, they have to book the loss. Ah, the good ol’ mark to market accounting game. Now it’s commercial real estate’s turn.
The interest rates are STILL 7% insane
And going to 10%
Not really if you look historically
Unfortunately they need to go even higher.
Those are normal rates. Low interest rates are a SCAM. Just go look at the wealth divide... as rates got lower and lower the rich got richer and richer and the poor, poorer and poorer. The data is very clear.
Lol you're funny!! 7% is actually the norm...
The days of sub 5 are so far gone and will NEVER come back..
Hmmm 🤨 based on that, for the residential market, the property taxes and insurance should go down as well and I don’t think that’s gonna happen in this life 😂
@jcapitan - bingo. As a small landlord (3 seperate single-family properties), property taxes have risen ~ 40% and insurance ~ 35% since 2021. Insurance will rise by double digits this year, driven by the back to
back Florida/east coast hurricanes and the California fires. Living literally thousands of miles from either catastrophes makes zero difference - insurance companies leverage & spread the costs. If taxes & insurance were based on actual material value, I could & would be able to lower rent by ~ $200/mth.
If it is truthful than it will not be talked about
Banks don’t want the house 4:38 that’s the problem
San Antonio built way to many homes during the housing boom that where way over priced
"If you can't do a deal on the back of a napkin, walk away." -Warren Buffet
"Don't come at me with spreadsheets." Me
I remember back in the later 1980s when ppl were walking away from their homes & handing the keys back!😳
Totally agree with everything you said. Coming from the investment and banking world that did plenty of “workout” deals during the 2008 Great Recession, I agree that there are so many factors at play. Right now there are so many regional banks that are already insolvent but are keeping hush. They have so many watch-list loans that these banks know there’s no way out. These banks loaned money on projects that should have never been built. The office sector is a disaster. Multi-family rental and condo will have the alarms going off soon. The rents or sales prices these projects thought they would receive are just pure fantasy. Unfixable…someone’s going to get a haircut to hit the reset button. Really enjoy your videos!
Interesting insight. I understand why commercial is struggling. Why would multi family be losing its value significantly? Rents have increased above inflation and feels like they held their value since the 2020-22 boom.
@ You are correct that multi-family should be holding steady, but that would hold true only for projects that were built based on sound real estate principles. There’s a huge portfolio of overbuilt projects based on exaggerated rents. I won’t say that they ignored the competitive market study but the entire team including the lender convinced themselves of outrageous rent projections. These projects aren’t meeting their occupancy requirements and are on the edge of default and many have loans coming due with higher current interest rates. When the correct NOI is applied and a CAP value calculated everyone in the room knows the project should have never been built. Now if our economy begins to experience job loss, here we go again. I blame brokers, acquisitions, originations and lawyers for these problems. All they care about is placing money. They don’t care if the deal works. They personally make their money and walk away clean.
Think banks will start calling loans due?
Residential rents falling, did you predict that?
You guys are failing to talk about all the personal guarantees that these owners have signed. some of these loans are also cross collateralized.
Maybe a little but the #1 rule of commercial RE investing is NEVER use personal assets as collateral. Commercial buildings usually need 30% down to get financing. No rich guy is going to risk his Miami beach house if he just lost his 30% down payment.
They are going to have to convert both commercial buildings into condos and apartments
The conversion will be tough but there doesn't seem to be any way around it, and there IS a huge housing crisis.
It's time to acknowledge that a return to 3% mortgage rates may be unrealistic. If homeowners are forced to sell, we will likely see a drop in home prices, leading to lower property valuations. I know I'm not the only one who shares this outlook.
If you're in the market, now is the time to buy. Home prices are unlikely to decrease further, and if interest rates do decline in the future, refinancing is always an option.
I understand your concerns. I'm 50 and planning to retire early, and the uncertainty of the financial future, especially around housing and investments, is concerning. I’m also considering my first stock market investment, but the volatility this year has been intimidating.
How can I find a trusted financial planner like yours?
I consistently recommend Rebecca Lynne Buie as my top choice. She is well-known for her expertise in financial markets and has an impressive track record. I highly endorse her services.
Commercial high rise are empty and leases have gone down since Covid. New buildings, old buildings are all the same .
how is see, it the whole Real Estate issues, started with the fact that the investing class started to invest big in housing ...
Thanks again for your time today!!! Appreciate you 😊
It is definitely gonna hit the real estate market. What happens is the lender has to take back 100's to 1,000s of homes and then they bundle them into large sales called tapes. So, someone like Warren Buffet comes in and buys like 150 units in one deal. By doing so, the lender sells them at lets say a 10% discount rate. This happened in Florida after the 2008 crash. So, residential works the same way. However, your dealing with a different number of units in one deal. Residential is really the same as commercial when you get into it. You have to know how to do a financial analysis.
Finally, the CRE crisis explained in plain language.
The biggest problem with the banks is that their profits are privatized while their losses are socialized. When they boom, they reap all the rewards for themselves and when they bust they are bailed out. If there is no true incentive to make responsible lending choices then they won’t as their losses will be covered by the tax payers.
Don’t believe in global warming?… Your insurance company sure does!
This episode is on point and a MUST WATCH for the experienced, sophisticated investor that has been waiting this market opportunity for years....
You make Great Money in a Good Economy, but you make a FORTUNE in a Bad Economy!
The most important part of this investment opportunity is you had better have a great ideas person on board to turn these buildings around and make them financially viable…otherwise no amount of negotiating is worthwhile.
I read some statistics a few weeks ago that mention that currently there’s $25 trillion in home equity being held nationwide. I thought that number was way too high and way too artificially inflated the majority of that $25 trillion is being held by boomers of course and for that reason the largest transfer of wealth will occur in next 10 to 15 years
Rents have tripled because of realtors what did you expect ?
Fiat currency is not money. So they are not loosing money. Just a confetti. 😂
doomsday youtubers:
2021: Market will collapse in 2022
-2022: Markets will collapse in 2023
-2023:Markets will collapse in 2024
-2024: Markets will collapse in 2025
-2025: Markets will collapse second half of 2025
-2030: Markets will collapse in 2050.... 😅
It looks like you're in a hurry to get your as kicked???
…and the higher they go the harder, and farther they fall.
@@terraplane7655 normal economic cycle.. has been happening long before we were here and will continue long after... we are not special and times are not that much different at the root of all things
Always caused by over building and greed. Remote workers being asked to go back to work to help commercial real estate. Did remote workers create this problem? Convert to places for people to live.
Convert? A to expensive B people arnt going to rush to live in concrete office buildings in middle of other 1000's of same
They would if cheap
Turkey's real estate market offers a vibrant mix of commercial and residential opportunities, especially in cities like Istanbul. With rental yields that often surpass other major cities, Turkey provides a valuable hedge against the crises some Western markets are experiencing. Plus, the government's investor-friendly policies, including citizenship by investment, make it a strategic choice for global investors. Let's connect and explore how you can capitalize on Turkey's booming real estate sector!
If you owe the bank a little money it's your problem but if you owe the bank a lot of money it's the banks problem.
Just imagine the look on everyone's Face if the price of XAI308K goes past $5 lmao
😂 funny that you talk about office buildings in San Francisco when all the retail is already dead... And the end of office buildings is what.. Salesforce and AI and all the genius of Silicon Valley is promising😅
So, JP Morgan is the only one voted that the real estate market will hit -50% this year. Question is, how do they know?
Most people would think that if the property is under water but the borrower is paying as agreed, let’s just continue as is. But the Farm Credit Services in the 80’s foreclosed on thousands of farms, citing lack of security. Why?
"Big agriculture" wanted the farms?
Time for EVERYONE to go back to the office 5 days a week. That will increase commercial real estate values.
Do realize that banks foreclosing will actually driving prices down even faster. So collectively banks actually have an interest not to foreclose.
Europe’s slow move to T+1 is pushing investors to the U.S., where trades settle faster and money moves quicker. If they don’t speed up, they’ll lose even more capital and risk falling behind in the global market.
How about this Ken? You know from a very reliable sources a Super Walmart is going in across the street in 6. months...WOW! Genius!
Bacground music is distracting, unnecessary, unprofessional.
This is not a problem. The bank takes the property. Sells the property for 30% of its value, then sues the company for the other 70% plus court fees. Just like they do to any person who takes out a loan. Putting a permant black mark on the credit of the company and board of directors, and ceo, and cfo.
yes,except the people they are trying to sue also have deep pockets and good lawyers
I got out of the real estate investing market about a year ago. I think it's time to get into the stock market but what's the best strategy to invest around 200K in this current market?
It's wise to seek expert assistance when beginning your financial portfolio. market is volatile, so professional guidance is so important..
Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth just last year excluding dividends.
Hey friend, How can I work with your advisor?
Her name is Marissa Lynn Babula . I can't divulge much. Most likely, the internet should have her basic info, you can research if you like
I’ve just looked up her full name on my browser and found her webpage, very much appreciate this
get a proper sound-man who knows how to adjust the compressor on your microphones. There's too much sibilance and its making you sound like daffee duck. Just turn the compressor DOWN. It's hard to listen to.
Zero worries, we just need to relax any and all regulations for lending and financial institutions. We tax payers will bail out the financial institutions with in 8 years. Cut everything for individuals and bailout any company take makes campaign contributions.
The lenders are “pretending” that the asset is still worth more than the value of the loan.
First time I watched your channel and your headline is very misleading. Commercial lenders have been in debt since the beginning of the pandemic. This is due to the remote workers nothing new here !
Why is NO ONE talking about this???
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I truly wonder how leveraged up Ken is on his properties