A strong rebound in the second half of the year should allow such relief to be phased out as economic conditions improve. Fed officials would have us believe that all this money printing has been necessary to sustain economic activity through the pandemic. Commercial real estate crash, avertedEarly on, most predictions (mine included) were that commercial real estate was headed for a bloodbath. In short, for anyone who owned, developed, invested in or financed commercial real estate, the post-pandemic future was looking very bleak. But as has happened in the past, commercial real estate is proving to be remarkably resilient.
Source: Washington Post December 31, 2020 12:00 UTC