What does 1/F and 5/F mean? I tried to search online came up with nothing..Residential side we are actually OK as many have refi to 2-3% mortgage. Unless we tore down a lot of offices to turn them into condos, townhouses, single family homes, then we will definitely have some collapses.
In my area we see a lot of 1/F and 2/F office parks get torn down and turn into 5/F apartments.