Consumption and Real Estate
Coming Commercial Real Estate Collaspe- NOTHING can prevent NEXT real estate crash?!?!
wholesale commercial lenders
Watch My LIVE Broadcasts (On-Demand): www.livestream.com Add me as a friend on Facebook! www.facebook.com Get DAILY GrowBy10 Updates on Twitter! twitter.com Aug. 10 (Bloomberg) — The collapse in commercial real estate is preventing Federal Reserve Chairman Ben S. Bernanke from declaring the economy and financial markets are healed. Property values have fallen 35 percent since October 2007, according to Moodys Investors Service. Thats making it tough for owners to refinance almost 5 billion of mortgages for skyscrapers, shopping malls and hotels this year, pressuring companies such as Maguire Properties Inc., the largest office landlord in downtown Los Angeles, to put buildings up for sale. Negative Fundamental Demand for commercial space comes from employment and the income generated by that employment, said University of Pennsylvania Professor Joseph Gyourko, director of the Wharton Schools Samuel Zell and Robert Lurie Real Estate Center in Philadelphia. Mounting job losses are a really significant negative fundamental, signaling that conditions are going to be tough for the industry for a while, he said. That may spill over into mounting losses at some banks. Forty-seven percent of loans at the 7000-plus smaller US lenders are in commercial real estate, compared with 17 percent for the biggest banks, according to New York-based Goldman Sachs Group Inc.
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#2 written by 407buddy 1 year ago
OK. Family meeting folks, need to cut cost, for starters bare bone essentials only, canceling all insurance policies (frauds anyway) walk away from credit cards (Fico: huge fraud), walk and bye bye underwater mortgage. Hey,.it’s just a pragmatic family business decision. Got the idea from too big to fail banks, I hear they are really good at it. Start me a family weed garden, shop local, pop me a cool one and,..Oh well Fuck it!
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#4 written by SCLARK2112 1 year ago
Both parties are 100% RESPONSIBLE for the DECLINE and FALL of America. Throw the BUMS OUT NOW!
Bush and Obama should both have been IMPEACHED. While it’s too late to IMPEACH Bush, we still have time to IMPEACH the Marxist Obama and there is a movement underway to do just that. Google KESHA ROGERS TEXAS.
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#8 written by neverfearchrisishere 1 year ago
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#9 written by JackBassbusinessteam 1 year ago
All should hold some gols as insurance only – not a speculation on inflation.
however, that said gold is no insurance when the economy recovers – as it is – infits and starts. The stock market is correctly anticipating an economic revival and the years of restraint in building will prevent a collapse in commercial real estate values. wise investors are gertting into commercial property now. -
#12 written by RepInteractiveLLC 1 year ago
Great video, I think you will also like our latest video of luxury real estate.
If you want to follow the leading video marketing team in your industry check out REP_ Interactive on twitter@REPinteractive or add our CEO @SteveGatena
You can also check us out on Facebook (Search REP Interactive)YouTube
- RepInteractiveLLC’s ChannelThanks,
Dan
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#13 written by 407buddy 1 year ago
Will work for food? WTF: Don’t get pissed, get even.
Public, non-cooporation is making the idocrat elite sweat, they are running scared, their Bilderberg plan is not working (out), fuck them, quit paying one red cent to bank credit cards, quit paying for inflated mortgages, quit buying crap, fire your bankster, quit working your ass off for shit wages in a shit job, non-cooporation is effective peacefull dissent, now lets see who’s got who really by the fucking balls. -
#14 written by Cyrus992 1 year ago
@DillonX Houston and Texas is not hit hard because you guys GREW but did not see the rise of property values that influenced regulators to make horrible mortgages. The reason Houston’s property values did not rise because they DID NOT HAVE land use or growth regulations polices that conflict the supply of new strucutres.
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#19 written by 407buddy 1 year ago
Spineless Obama, like Bush, is a patsy, has no say, no power. Banks, the Fed, CIA, Aipac are the real owners, the rule makers and breakers, they will trash this country to protect their status quo of wealth and power. The Constitution was suspended on 9/11 and “legally” entrenched by the Patriot Act and the Military Commission Act. Perceived “troublemakers” will be rounded up with everyone else at the bottom of the pyramid, doomed into poverty and serfdom. Are you prepared for a fight??
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#21 written by 17seventySIX 1 year ago
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