- cross-posted to:
- hackernews@lemmy.smeargle.fans
- cross-posted to:
- hackernews@lemmy.smeargle.fans
If landlords can’t pay back loans on office buildings, the lenders will suffer. Some banks are trying to avoid that fate.
Hard times are likely ahead for a lot of people. Mind your expenses and plan to save where possible just in case. Apologies for having a doomer outlook; I’m very cynical about capitalism, especially in the USA.
It’s the plumbing, mainly. Not designed to carry that much throughput.
What if you have one resident per floor?
I know that’s it’s not efficient, but investors would just have to swallow those costs given their bad investment decision.
I think it’s a good idea, but I’ve never seen someone run the numbers.