51 Banks in the US are hiding $1.8 trillion in Commercial Real Estate losses 🌶️ (twitter.com) posted 274 days ago by NatalieBiden 274 days ago by NatalieBiden +51 / -0 25 comments share 25 comments share save hide report block hide replies
I agree somewhat but in a longer term, like 10-15 years immigration makes house prices reach insane levels. I guess is part of the plan. But in short term, your scenario seems much more likely.
You're not wrong, you're just hitting the wrong issue.
Immigration drives up retail home prices right now. It just doesn't have an effect on commercial property prices.