Why This Real Estate Bust Is Different

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6 votes

Jimbo_comment_thumb Posted By: James Ward, 15 days ago (Report Spam)
Category: Real Estate News / Type: News
Source: businessweek.com

Unrealistic assumptions, layers of investors, sky-high prices, and possible fraud will make it hard to clean up the mess in commercial real estate.

Comments

At 11:02AM on November 08, 2009 - Jon Klaus said...

Over building was not the culprit like the least downturn Instead an 0ver supply of money. No there is precious little financing. So when recovery comes won't there be too much demand for space driving another building boom? And higher prices?

At 06:14AM on November 06, 2009 - James Ward said...

Everyone should read this article. Very interesting!