Economics

I may sound like a broken clock, but the CRE market is still not doing well and we might see the results of it this year

🇧🇷🇺🇸 - Book: Making Things Think: https://holloway.com/mtt Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph

Odd lots had a good episode on this year, which made it sound a little less dire, based on different tranches of CRE, some of which are performing well; med services outside of metro areas etc.

The big buildings are going to continue to drag as I understand it.  I don’t think we’ve seen the final impact yet.

Do you think this will spill into other markets?

You’re right twice a day. Keep ticking.

Here for the culture. 

/castout “Memecoin Island” participant

Sone cre loans were signed under favorable terms before the vacancies and rate changes.

5yr notes turning over… eventually gets tough.

This was obvious when covid completely destroyed demand. Why has it taken so long though?