00:00
12:56
More and more large, midsize and small companies have kept their workforce remote and have therefore been able to move away from urban headquarters; avoiding high costs, property and rent taxes as well as increasing crime problems in cities. But there is a coming dark side: all of this may result in a dangerous commercial real estate collapse, which could be devastating to many large cities.
In 2024, analysts say nearly a trillion dollars in commercial real estate loans will mature leaving payments too high to be made and defaults soaring. Add to all of this the growing ubiquity of Artificial Intelligence leading to staff cuts which, again, provides another reason not to rent large amounts (or any, in some cases) of office space.
Swiss America CEO Dean Heskin and Chris Agelastos take a deep look at what we will see in 2024 as well as when and how hard the crash will hit hardest on The Secret War on Cash.



Thank you for listening.

Call for your FREE copy of The Secret War on Cash newsletter: (800) 289-2646 or
Visit our website for more information: https://www.swissamerica.com
Call for your FREE copy of How the Coming Global Crash Will Create a Historic Gold Rush: (480) 548-2975
Follow us on Facebook: https://www.facebook.com/swissamerica/
Follow us on X (Twitter): @Swiss_America
Follow us on LinkedIn: https://www.linkedin.com/company/1023049

Articles discussed in this podcast:
About $929 billion commercial mortgages will mature this year—and it’s just another sign of the impending commercial real estate downfall (aol.com)
The layoffs sweeping tech companies are 'contagious' and 'may get worse,' Jefferies analyst predicts (newsbreak.com)
More and more large, midsize and small companies have kept their workforce remote and have therefore been able to move away from urban headquarters; avoiding high costs, property and rent taxes as well as increasing crime problems in cities. But there is a coming dark side: all of this may result in a dangerous commercial real estate collapse, which could be devastating to many large cities. In 2024, analysts say nearly a trillion dollars in commercial real estate loans will mature leaving payments too high to be made and defaults soaring. Add to all of this the growing ubiquity of Artificial Intelligence leading to staff cuts which, again, provides another reason not to rent large amounts (or any, in some cases) of office space. Swiss America CEO Dean Heskin and Chris Agelastos take a deep look at what we will see in 2024 as well as when and how hard the crash will hit hardest on The Secret War on Cash. Thank you for listening. Call for your FREE copy of The Secret War on Cash newsletter: (800) 289-2646 or Visit our website for more information: https://www.swissamerica.com Call for your FREE copy of How the Coming Global Crash Will Create a Historic Gold Rush: (480) 548-2975 Follow us on Facebook: https://www.facebook.com/swissamerica/ Follow us on X (Twitter): @Swiss_America Follow us on LinkedIn: https://www.linkedin.com/company/1023049 Articles discussed in this podcast: About $929 billion commercial mortgages will mature this year—and it’s just another sign of the impending commercial real estate downfall (aol.com) The layoffs sweeping tech companies are 'contagious' and 'may get worse,' Jefferies analyst predicts (newsbreak.com) leer más leer menos

hace 2 meses #ai, #business, #cities, #collapse, #commercialrealestate, #employment, #finanice, #investing, #layoffs, #markets, #money, #office, #realestate, #remoteworking, #unemployment, #us, #working