The hidden culprit driving America’s apocalypse of boarded-up storefronts is the banks - eviltoast
The hidden culprit driving America’s apocalypse of boarded-up storefronts
www.businessinsider.com
The pandemic kicked off a "doom loop" that has gutted cities and towns across the country. Big banks are making it worse.
  • w3dd1e@lemm.ee
    2·
    1 year ago

    I work in commercial loans for a living. I can’t speak to other properties that aren’t securitized, but they can’t exactly just take your property without approval. there are exceptions to the rule but it would still require a lengthy and pricey legal process.