Troubled commercial real estate loans outstrip reserves at top US banks
www.businessinsider.com
The volume of delinquent commercial mortgages held by US banks soared to $24.3 billion last year, up from $11.2 billion in 2022.
  • nekandro@lemmy.ml
    0·
    6 months ago

    Oversupply in real estate causing banking debts to go underwater is the same problem, regardless of how that oversupply happened.