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Commercial real estate has low demand and high supply - increasing costs to the landlords isn't going to increase demand, so prices stay stagnant.Wild thing to me is that all commercial loans are ARMs and yet no real change in commercial prices/lease rates yet either. Guess will see what happens in the next few years, but I feel like we have to have a downturn sometime here soon.
Shit tons of commercial real estate is sitting vacant.
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