Are CRE carrying costs nearly as burdensome as interest rates?
Excuse me, but could you please clarify for me? Are you suggesting that the carrying costs associated with CRE, or commercial real estate, are comparable in magnitude to the burden imposed by interest rates? It's an intriguing question, and I'd like to understand better. Are you implying that the expenses tied to owning and maintaining CRE, such as property taxes, insurance, and maintenance costs, are almost as heavy a financial load as the interest payments one might incur when borrowing money to finance such an investment? Or is there another angle to your query that I'm missing?