The Effects of High Interest Rates on Real Estate Companies

There's too much debt in the system. So real estate companies will have to reduce that. What can they do to reduce that? First of all, they can save money by not investing any longer. They could ask their shareholders to inject some equity. And the most important possibility for them to deliver balance sheets is to dispose of assets. But this is far from what is needed in order to get the debt out of the systems. Currently, there's only a very limited number of transactions in the market.