More on the CMBS problem...Will take 6-12 months to wind through the system. https://www.marketwatch.com/story/distress-looms-over-u-s-commercial-real-estate-in-2021-11607801514
Hard to fade, NYC. It always bounces back. There will always be strong hands waiting. There's too much money in the world and too many people who want prove they are at the top of the heap.
I'd give ya 3 likes on that one if I could. Check back in 20 years with Manhattan property values. Best hedge there'll ever be.
Although I have been investing in projects for ten years, I wouldn't say I like to watch such videos because it is clear that most people in this video don't understand what they are talking about. They don't understand the whole essence of the economy, the importance of investment, etc. By the way, I recently read an article about examples of hidden mistakes in condominiums. To be honest, it became frightening to me, especially during a pandemic when everyone is trying to deceive each other. Therefore, all those who invest money in real estate should be careful. I think you should reconsider your investments in our time because it seems to me that we are standing on the edge of a global crisis.