Follow
____________________________
Monthly Archives: February 2024
Chinese capital retreating from foreign realty markets
Thirteen years of ‘easy money’ spurred debt complacency and a global credit boom that inflated asset prices, particularly real estate, worldwide. Now, higher rates are triggering the great unwind in a dash to reduce overhead and raise cash everywhere, all … Continue reading
Posted in Main Page
Comments Off on Chinese capital retreating from foreign realty markets
Commercial real estate investors cutting losses
2024 is a big year for commercial real estate refinancing (US loans maturing by year graphed below, via Liz Ann Saunders). Interest rates, insurance, taxes and ongoing maintenance costs are on the rise as occupancy rates decline. Investors who bought … Continue reading
Posted in Main Page
Comments Off on Commercial real estate investors cutting losses
Insolvencies leaping as credit demand slumps
Business insolvencies are rising globally (chart below via The National Post), and Canada is seeing twice the G7 average. Canadian business insolvencies rose 35% quarter-over-quarter in the final quarter of 2023. They doubled compared with the same quarter in 2022 … Continue reading
Posted in Main Page
Comments Off on Insolvencies leaping as credit demand slumps
;
