Submitted by downboat t3_11am525 in wallstreetbets
MyPeePeeReversed t1_j9tv4jh wrote
Reply to comment by lost_in_life_34 in Pimco-Owned Office Landlord Defaults on $1.7 Billion Mortgage by downboat
But if the argument is ',the reason these building are going bankrupt because they aren't modern' I don't think it holds water because all these building have adjustable rates which makes the monthly mortgage payments jump higher and higher.
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