Subprime Troubles Bite Into Office-Space Sector

Discussion in 'Wall St. News' started by THE-BEAKER, Mar 16, 2007.

  1. The fallout will be in areas we don't even think about. The ads on Google will disappear. Where do you make that rev up? The Brokers have broken the back of the market with this greed. What happens to real estate in NYC?

    Home prices plummet. People feel poorer. They spend less on discretionary items. Real Estate agents, who believed they were worth 300 g a year, can't pay the bills. They pack lunches, don't go to movies.

    Hey, that sounds like a recession!