(istock.com/mphillips007) The American Dream of homeownership is becoming even less attainable as home prices have risen exponentially faster than income...
istock.com/mphillips007 The American Dream of homeownership is becoming even less attainable as home prices have risen exponentially faster than income...
Stay informed with free updatesSimply sign up to the US banks myFT Digest -- delivered directly to your inbox.Delinquent commercial real estate loans at US banks have hit their highest level in a decade, as higher interest rates, an uncertain economy and the rise of remote working pile pressure on building owners.The volume of past-due loans in which owners of properties rented to others have missed more than one payment jumped 30 per cent, or $4bn, to $17.7bn in the three months to the end of September, according to industry tracker...