Will the commercial real estate bust affect the broader economy like the residential real estate bust in 2008? Why or why not?
In: Economics
Maybe.
Many regional and mid-sized banks have lots of money loaned out on commercial real-estate. Those banks, like Silicon Valley Bank, might be your local alternative to the 13 big banks. They might fail, but most people will be completely protected by the FDIC. However, it’s super scary and massively inconvenient.
Latest Answers