Murika tio dua kee liao... Many cities have empty office buildings

[k1976]

https://www.edgeprop.sg/property-ne...mid-higher-financing-costs-and-interest-rates

Glass is half filled? Or half empty?

 

[k1976]

https://www.google.com.sg/search?cl...Hb3eC5EQ0pQJegQICRAB&biw=384&bih=659&dpr=2.81

Online guide for people who wish to join in huat huat property industry

 

[k1976]

https://www.google.com.sg/amp/s/amp...hile-levies-almost-kill-foreign-demand?espv=1

SG property is one way ticketnto huat big big as supply is limited and many many demands from incoming talents and overseas big bosses according to media, u agreed?

 

[k1976]

https://www.edgeprop.sg/property-ne...023-lowest-sales-value-three-years-edmund-tie

Cognisant of the upcoming new private residential projects set to hit the market over the next few quarters, potential buyers are holding back on their purchases, says Tan, adding that external factors such as fears of an impending recession and higher interest rates are also impacting sales

 

[Pinkieslut]

This is what happen when you don’t have PAP in charged. Still want to vote Oppies?

 

[Eisenhut]

A tipping point is coming: In the US alone, about US$1.4 trillion (S$1.9 trillion) of commercial real estate loans are due this year and next, according to the Mortgage Bankers Association. When the deadline arrives, owners facing large principal payments may prefer to default instead of borrowing again to pay the bill.

Major institutional owners including Blackstone, Brookfield and Pimco have already chosen to stop payments on some buildings because they have better uses for their cash and resources.

“There’s significant stress,” said Mr Harold Bordwin, a principal in New York at Keen-Summit Capital Partners LLC, which specializes in renegotiating distressed real estate.

To be honest, how many tipping points have we passed? As long as US$ is global currency, debt ceiling is infinite, dont tell me otherwise.

As long as no one point a bigger gun at usa , they don't care

 

[laksaboy]

Mostly Democrat-run urban shitholes. What a surprise!