Morgan Stanley is stating the obvious and describing how screwed the commercial real estate market is.
Morgan Stanley issues apocalyptic real estate warning
US commercial property will be the next domino to fall after the banking crisis, the Wall Street bank warnshttps://t.co/gD8eBYztea pic.twitter.com/v5rwRExa3e
— RT (@RT_com) April 9, 2023
The virus hoax and all the lockdowns destroyed this market. When the government told everybody they had to stay home so they wouldn’t spread the flu, companies abandoned their office spaces and told staff to work remotely. As a result, companies ended up with a glut of office spaces that they no longer needed.
So now you have a situation where landlords have all this unoccupied space that they’re not getting rent payments on. This means they may not have the funds to pay mortgages and taxes for the properties.
You also have the situation exacerbated with all the money printing, inflation and other weird things happening in the economy. The market is effectively doomed.
I guess the Jews think they can come in later and buy all these properties for pennies on the dollar after it fully crashes. I’m not sure how that plan will work out for them considering the state of the dollar system though.
