It matters less for you, but it matters for many

office owners and retail space owners. So far we haven't seen big big bankrupcies, because the banks do not want to go through the bankruptcy process, lenghty, costly but not necessarily good for the banks. 

The banks hold on into defaulted commercial loans, in hopes that the circumstances of the creditors would improve. 

however, who knows? Residential properties can recover because of the shortage of the housing units across the country, but there is no shortage of commercial.