How $2 Trillion In Landlord Debt Turned Into A Time Bomb

Send us a text to chat now! $2 trillion of apartment-landlord debt is running into a wall, and the buildings themselves are not necessarily the issue. We dig into a problem Wall Street Journal readers have been tracking: years of cheap borrowing set investors up to expect easy refinancing, then interest rates moved and the timeline mismatch got exposed. When the 30-year mortgage rate climbs past 7%, the old spreadsheet assumptions stop working, and owners are forced into painful choices even ...