You see, there’s an alarming trend of empty office buildings in cities like San Francisco and rising number of mortgage defaults, signaling a potential $92 billion crisis in the making. Here's the deal: Interest rates are going up. While some might shrug it off, it's wreaking havoc in the commercial real estate world. Office landlords in major cities are struggling with vast, vacant spaces. And on the home front? More folks are finding it tough to keep up with their mortgages. According to Mike, crossing the 4% mark on the 10-year treasury rate is a game-changer. It affects our home payments and influences where people invest. Mike breaks it all down in his video. It’s a must watch to stay ahead of this potential developing crisis in commercial real estate.
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