Well at least you didn't go chasing When people do this with a leveraged farm they eventually hit the skids when crop prices bottom out and they are forced to sell.
Hm, but what if current round of deleveraging has anticipated the future round? I am not smart for this, but the funds might have learned their lessons and now may be doing better due diligence. They may get an idea from what assets future blows may come. Why not get rid of these assets now?
deleveraging is forced sales. everything basically drops like it did during the week of oct 24th. carry trade and gold took a nosedive. the next round of deleveraging could be a move towards gold instead of treasuries or another big drop for gold/stocks pushing the usd/jpy below 80. hard to say because things like that just pop. i'm taking an educated guess this occurs in january after the s&p goes up to 1100 after NFM numbers come out for nov. guess a santa clause rally might depend on how good the turkey is this year
Gold is and always has been a "greater fool" investment...offers no income, no commercial value...just hype from gold bugs, LOL Real estate commercial values will go to over 10 cap rate or higher for class B or below.... If one can get 4% in a CD with NO RISK why would one invest in a shopping center paying 6% with some risk and no inflation to bail you out.....what is going to cause the value to increase.... The entire country is over built in commercial real estate...will take several years to adjust to normal.... SteveD