Second Wave Of The Credit Crisis: Collapsing Commercial Real Estate

Discussion in 'Economics' started by jficquette, Aug 23, 2009.

  1. Commercial real estate (CRE), valued at $3.5 trillion in the U.S., has experienced a 39% decline in prices from the peak only two years ago, according to the MIT Center for Real Estate.

    This drop is greater than the 27% commercial real estate decline associated with the longer savings and loan crisis of the late '80s and early '90s that precipitated government Resolution Trust Corp. (RTC

    http://www.ibdeditorial.com/IBDArticles.aspx?id=335660380569943
     
  2. More $Trillions? Commercial RE "too big to fail", too?