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4 thoughts on “Lunchtime Photo

  1. Eve

    Google paid 99 dollars an hour on the internet. Everything I did was basic Οnline w0rk from comfort at hΟme for 5-7 hours per day that I g0t from this office I f0und over the web and they paid me 100 dollars each hour. For more details visit this article... https://createmaxwealth.blogspot.com

  2. D_Ohrk_E1

    Nearly 20% of office spaces are currently empty across the United States. It's a milestone that exceeds the vacancy rate during the 2008 global financial crisis, and it's worse in places like San Francisco and downtown Los Angeles, where more than a quarter of offices are sitting empty.

    NPR writes about how WFH has dramatically shifted the economy sideways, such that in the Federal Reserve's latest financial stability report, office real estate is seen as a threat to banks, and therefore the economy.

    The shift toward telework in many industries has dramatically reduced demand for office space, which could lead to a correction in the values of office buildings and downtown retail properties that largely depend on office workers . Moreover, the rise in interest rates over the past year increases the risk that CRE mortgage borrowers will not be able to refinance their loans when the loans reach the end of their term . With CRE valuations remaining elevated, the magnitude of a correction in property values could be sizable and therefore could lead to credit losses by holders of CRE debt.

    This implies a slowdown in multifamily housing, too. While CRE and multifamily aren't directly linked, they both share problems with high borrowing rates thanks to the Fed. With margins squeezed, many projects won't get approved by banks already skittish about cash and the direction of the economy.

    Just some thoughts to fill the space.

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