Friday, Apr 10, 2009
Commentary about US commercial & residential property
Mises blog: The Real Estate Bust Is Far From Over
"For those thinking that the real-estate bust is all over with — think again. The residential market has hit the ditch and continues to sink lower, but now the commercial property market is rolling over and will take many lenders down the drain with it ... A Vegas appraiser who lived through the 1980s Texas property meltdown echoes Miller's view, remembering that it took property owners in Texas back then years before they figured out that their property values weren't coming back any time soon."
Posted by quiet guy @ 12:59 PM (338 views) Add Comment
2 Comments
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