AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Berkshire Hathaway Warning for US Commercial Property Market
Berkshire Hathaway's Charlie Munger has issued a warning about the US commercial property market. He said that banks are full of bad loans as property prices fall. Munger noted that banks were already pulling back from lending to commercial developers and that there are a lot of trouble office buildings and shopping centers out there.