Savvy Trades and Investments

[southacresdave]

Is commercial real estate the next domino to fall?

https://thehill.com/blogs/blog-briefing-room/news/489588-the-cheesecake-factory-says-it-will-not-be-able-to-pay-rent-for

You figure all these small Mom&Pop shops in the strip malls and next to the grocery stores of the country are doomed. How do you open up a new one to replace them when the virus is going to be cyclical and come in waves until a vaccine is done. If businesses (big and small) don't pay their rent than how do landlords pay the bank their mortgage? Then comes the bank problems through lending to these commercial property owners.

One domino falls onto the next onto the next if things get too ugly for too long.