According to Jinshi, a US real estate company Cushman & Wakefield Research found that as of the end of last year, about one-fifth of office buildings in the United States were vacant, and the vacancy rate in major cities such as Los Angeles and Houston reached 25%. The International Monetary Fund (IMF) said that US commercial real estate prices are experiencing the worst plunge in half a century, falling 11% since the Federal Reserve raised interest rates in March 2022. In the weak commercial real estate environment, the US banking system is under pressure. Data shows that by the end of next year, the total amount of US commercial real estate loans due will exceed US$1 trillion, and will reach US$2.2 trillion by 2027. The US commercial real estate dilemma may become the biggest potential crisis in the next two years.