‼️US commercial real estate CRISIS in one chart:
Office space vacancy rates hit ~20% in Q2 2025, the highest share on RECORD.
Vacant office space has almost DOUBLED in 5 years.
This is also WAY above the post-Great Financial Crisis peak.
When will this stop? pic.twitter.com/5w73em8MBe
— Global Markets Investor (@GlobalMktObserv) August 20, 2025
Another chart that reinforces my thesis: this market is the most uncorrelated with reality in history. pic.twitter.com/sSM5yS17DP
— Guilherme Tavares (@i3_invest) August 20, 2025
Condos at the Bloomingdale's building on North Michigan Avenue Chicago, Illinois are selling at 1990s prices, and some for even less.
In the past week, two condos have sold for prices from decades ago, one of them going for well below its price from 1990, a full 35 years ago.… pic.twitter.com/BwhEYshZXt
— Nightingale Associates (@FCNightingale) August 20, 2025