Thursday, October 8, 2009

Commercial Real Estate May Be Next Victim of Recession

data suggests that the $3.5 trillion in outstanding commercial real estate debt could be what some fear: the other shoe about to drop . . . There have been estimates of $800 billion to $1 trillion of commercial mortgage defaults over the next several years, if we don't find a solution to our current troubles.

Transcript: http://www.pbs.org/newshour/bb/business/july-dec09/realestate_10-06.html

No comments: