Billionaire investor Warren Buffett and business partner Charlie Munger see long-term distress in commercial real estate, which could spell trouble for lenders and opportunity for investors. “The buildings don’t go away,” Buffett said.
Source: Inman News
Buffett, Munger foresee ‘hollowed out’ downtowns on the horizon
Published in Charlie Munger, commercial real estate, Markets & Economy, Property Portfolio, Real Estate Investing, Select and warren buffett
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