Whenever the US real estate market weakens, investors all over the world take notice. After all, the global financial crisis 15 years ago also had its origins in a crash in house prices in the USA. Unlike back then, it is now primarily the prices of commercial real estate that have been unsettling investors, and have been for many months. It was less than a year ago that the US real estate market triggered a crisis on the financial market when several US regional banks went bankrupt and in Switzerland even the major bank Credit Suisse had to be rescued.
Prices for office buildings in the USA are falling: “Biggest real estate crisis since the financial crisis” – Economy
