Throughout the years that I have written this blog, I
have regularly connected the activity of the financial market with the real
estate market. In doing so, I often take for granted the connection between the two
markets. Recent troubles in local banking, however, give me yet another
occasion to highlight how the banking industry impacts the
real estate market. It seems like every few years, I write an article like
this, but I will do my best to highlight the contextual factors that make this
year’s bank failures unique.
