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Even if developers plan to hold on to their new apartment buildings, they have mortgages on the property, and Ward said lenders must factor in the cost of a sale if the developer falls into foreclosure.

“Will they have unique values that they hold on to from their early days as a nonprofit? Or will they look just like any other profit-oriented company?”

Cable channels, which have been struggling to hold on to viewers amid cord-cutting, could get crushed further, analysts have said.

In an all-hands company meeting broadcast on X, Tesla Chief Executive Elon Musk urged employees to hold on to their shares, which have fallen in value by 34% year to date.

However, he took consolation from fellow Republicans managing to hold on to two congressional seats in Florida elections on Tuesday.