7/13/23: The Coming Real Estate Crisis
THE TRUTH ABOUT YOUR FUTURE with Ric Edelman
00:00
The Uninsurable State of California
$88 billion in mortgage securities are at risk, 42% of it tied to apartment buildings. Wells Fargo has $142 billion in commercial real estate loans. The sales of previously owned homes is down this year more than any time in the past 11 years.
Play episode from 10:00
Transcript
