Apollo's Brilliant Chief Economist, Torsten Slok, Holds Forth
Economics Matters with Laurence Kotlikoff
Commercial Real Estate Price Decline and Impact on Banks
Exploring the significant decline in commercial real estate prices, focusing on office and retail sectors, and the potential challenges faced by regional banks in upcoming refinancing deals. The chapter draws comparisons between the subprime mortgage crisis and the current situation, emphasizing the importance of understanding ripple effects on the economy.
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