#1195 John Andrew Entwistle | The Man Taking On Airbnb
The Pomp Podcast
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The Banking Crisis and the Impact on Commercial Real Estate
The Fed has raised interest rates so dramatically, effectively it's created a credit crunch. With the collapse of certain banks like SBB and now First Republic, you're starting to see other local regional banks sort of tighten up on their lending. That result means that there's not going to be a lot of new commercial real estate projects necessarily.
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