Second Wave Of The Credit Crisis: Collapsing Commercial Real Estate
"It appears owners have lost their entire down payments on $1.3 trillion worth of property.
In the first six months of this year, commercial properties in default, foreclosure or bankruptcy doubled.
That pace may accelerate because commercial usually lags residential by a year."
"It appears owners have lost their entire down payments on $1.3 trillion worth of property.
In the first six months of this year, commercial properties in default, foreclosure or bankruptcy doubled.
That pace may accelerate because commercial usually lags residential by a year."
Anyone in the MSM screaming out "iceberg ahead" on this one?
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