Transcript: http://www.pbs.org/newshour/bb/business/july-dec09/realestate_10-06.html
Thursday, October 8, 2009
Commercial Real Estate May Be Next Victim of Recession
data suggests that the $3.5 trillion in outstanding commercial real estate debt could be what some fear: the other shoe about to drop . . . There have been estimates of $800 billion to $1 trillion of commercial mortgage defaults over the next several years, if we don't find a solution to our current troubles.
Transcript: http://www.pbs.org/newshour/bb/business/july-dec09/realestate_10-06.html
Transcript: http://www.pbs.org/newshour/bb/business/july-dec09/realestate_10-06.html
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