People are moving money from banks to money market funds due to high interest rates
This means banks will have less money to lend and they will be more careful with who they lend to pic.twitter.com/jmdzNAqR56
— Bravos Research (@bravosresearch) August 4, 2023
Capital Economics predicts 40% decline in commercial real estate values.
Commercial real estate values will crater as much as 40% in San Francisco, Chicago, New York City, Los Angeles, Boston, and Washington, DC. Capital Economics said.
— unusual_whales (@unusual_whales) August 4, 2023