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The COVID-19 pandemic gave governments unprecedented authority over the free market that has never happened before. Covid eviction moratoriums have caused devastating effects on the real estate market. Now, with the rising interest rates of borrowing money, combined with the devastating effects of banning lawful evictions in major metropolitan areas, are we about to see a crash in commercial real estate unlike anything we have seen since the great depression?
The post Mortgage Payments Shoot Up, is this the end of Commercial Real Estate? appeared first on The Official Site of Robert Crawford.
By Robert CrawfordThe COVID-19 pandemic gave governments unprecedented authority over the free market that has never happened before. Covid eviction moratoriums have caused devastating effects on the real estate market. Now, with the rising interest rates of borrowing money, combined with the devastating effects of banning lawful evictions in major metropolitan areas, are we about to see a crash in commercial real estate unlike anything we have seen since the great depression?
The post Mortgage Payments Shoot Up, is this the end of Commercial Real Estate? appeared first on The Official Site of Robert Crawford.