This problem has been smoldering since 2020, right?
Office workers, especially but not only IT, and accountants, working remotely, and everone buying so much online.
Just the empty retail space everywhere is huge.
And probably nothing compared to the empty office spaces everywhere. With more emptying to come as AI displaces more and more office workers. And businesses fleeing big, blue cities.
Seems the implosion/demolition/explosion of commercial loans is is finally happening.
Commercial RE
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