No Landing No-Kay!, Downgrades Ahead, Health of Housing 8/15/23
The Exchange
00:00
Current Problems in Commercial Real Estate and Builders' Concerns on Rising Mortgage Rates
This chapter analyzes the current issues in the commercial banking industry, specifically in the shadow banking sector. It discusses the potential impact of the supply of commercial real estate on the market and addresses concerns about foreclosures and fire sale prices. The chapter also mentions Berkshire Hathaway's new stakes in DR Forten, NVR, and Lenard, as well as the threat of higher rates and its effect on sentiment. Additionally, it explores the concerns of home builders regarding rising mortgage rates and its impact on buyer interest.
Play episode from 15:30
Transcript
