Not even corporations are immune, as Walmart's exodus from Portland shows.
With higher interest rates and rampant crime, commercial real estate is a ticking time bomb. As more and more businesses say "fuck it," abandon their buildings and leave banks holding the bag, we will see these leftist hive cities collapse in real time.
Not even corporations are immune, as Walmart's exodus from Portland shows.
With higher interest rates and rampant crime, commercial real estate is a ticking time bomb. As more and more businesses say "fuck it," abandon their buildings and leave banks holding the bag, we will see these leftist hive cities collapse in real time.