Rock Solid Conversations
How $2 Trillion In Landlord Debt Turned Into A Time Bomb
3:42
Send us a text to chat now!
$2 trillion of apartment-landlord debt is running into a wall, and the buildings themselves are not necessarily the issue. We dig into a problem Wall Street Journal readers have been tracking: years of cheap borrowing set investors up to expect easy refinancing, then interest rates moved and the timeline mismatch got exposed. When the 30-year mortgage rate climbs…