Could COVID-19 Cause A Banking And Commercial Real Estate Crisis?
PYMNTS
NOVEMBER 12, 2020
COVID-19 has caused urban flight, hollowing out cities by catalyzing the surge in working from home, shopping online and not traveling far from one’s residence. Adding to the problem, the Post reported, is the fact that the looming threat of bankruptcies and defaults has already caused banks to tighten lending. No Quick Fix.
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