U.S. faces potential real estate crisis

The U.S. commercial real estate market is facing a potential crisis. Prices fell in the first quarter of 2023 for the first time in more than a decade. The COVID-19 pandemic has had a significant impact on the sector, with remote working embraced by many companies. It could also have a costly spillover effect on the banking industry, responsible for trillions of dollars of loans. CGTN’s Benji Hyer explains. #cgtnamerica