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re: Trump has to deposit $455 million just to appeal the decision against him
Posted on 2/20/24 at 3:09 pm to Blizzard of Chizz
Posted on 2/20/24 at 3:09 pm to Blizzard of Chizz
This is the part that many people aren’t seeing because they are clouded by confirmation bias. This will most certainly have a chilling effect on real estate development even if not a major one in the short term. But it’s definitely a dangerous precedent for real estate developers in that market.
This post was edited on 2/20/24 at 3:11 pm
1
Posted on 2/20/24 at 3:14 pm to tigerpimpbot
quote:
But it’s definitely a dangerous precedent for real estate developers in that market.
Speaking of RE, apparently a huge amount of commercial RE is about to come up for its new rate this year and, with the economy struggling like it has, the chances for companies to default on their loans are getting higher.
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