If landlords can’t pay back loans on office buildings, the lenders will suffer. Some banks are trying to avoid that fate.
Hard times are likely ahead for a lot of people. Mind your expenses and plan to save where possible just in case. Apologies for having a doomer outlook; I’m very cynical about capitalism, especially in the USA.
Everything illegal is bad right?
Only by the standard of the legal system.
For this case I’m always a fan of "Nobody saw anything -Signed everyone "
Oh yeah, that legal system that has never been wrong before.
Obviously it was Made perfect! never amended it!