Sunday, November 1, 2009
?Huge? Commercial Real Estate Crash Coming? U.S. is in the beginning of a ?huge crash in commercial real estate.? ?All of the components of real estate value are going in the wrong direction simultaneously. U.S. commercial property sales are forecast to fall to the lowest in almost two decades as the industry endures its worst slump since the savings and loan crisis of the early 1990s?The American consumer will no longer be able to serve as the motor for the world economy,? said Soros, 79.
