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by castratikron
1990 days ago
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FB shrinks, meaning fewer engineers making six figures, meaning rent goes down and all of those high end apartments are only worth 50% what you told the bank it's worth when you took out the loan to build it. If this happened right after the already low rent from the covid slump it could be big trouble. Question is, is there enough money tied up in this where it would make another 2008-sized problem? |
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