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A comment on Busted retailers use bankruptcy to break leases by the thousands. Parent comment

Re:Busted retailers use bankruptcy to break leases by the th... by HarryHirsch on Thursday August 06, 2020 @04:17PM (#24075002)
That's the irresistible force (drop in salaries) meeting the immovable object (bank valuations of real estate). It's impossible to see how this is going to be squared up. On one hand, banks cannot possibly be allowed to re-value what real estate they have on their books, else they'll have to declare bankruptcy, on the other hand, wages have dropped spectacularly, and people need some sort of roof over their heads.
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Re:Busted retailers use bankruptcy to break leases by the th... by Buttons840 on Thursday August 06, 2020 @05:40PM (#24075759)
> banks cannot possibly be allowed to re-value what real estate they have on their books

Tell me more about this? Why can't banks re-value things that constantly change in value?

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Re:Busted retailers use bankruptcy to break leases by the th... by dternyak on Thursday August 06, 2020 @05:49PM (#24075837)
The next fragment, "else they'll have to declare bankruptcy", is pretty much the answer. And as we learned in 2008, they're also "too big to fail", so that won't be happening.
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