UPDATE 1-Fed’s Rosengren flags risks to economy in WeWork-style model
The rise in co-working spaces, like
those offered by WeWork, may be a source of financial
instability that could make the next U.S. recession worse by
sparking a run on commercial real estate, Boston Federal Reserve
Bank President Eric Rosengren said on Friday.
those offered by WeWork, may be a source of financial
instability that could make the next U.S. recession worse by
sparking a run on commercial real estate, Boston Federal Reserve
Bank President Eric Rosengren said on Friday.
Posted by Reuters
