
Episode 1908 • • 43:11 - 46:03
1908: Chivatican
Commercial Real Estate Crisis and Consumer Savings Depletion
Analysts on CNBC warn of a "wall of refinancing" hitting the commercial real estate sector, with $750 billion in debt coming due in the next two years. Rising interest rates have caused property values to drop by an average of 20%, leading to fears of significant market heartache. Simultaneously, reports indicate that everyday households are increasingly drawing from investment accounts to fund checking accounts and sustain spending.
