Saturday, February 13, 2010

No bailout for commercial real estate

Voltron says: Apparently everyone is assuming that commercial real estate will get bailed out, but there is very little reason for the government to do that. If a mall owner goes bust, the mall will not close . . . the bank will continue to operate the mall, so unlike a home foreclosure, there is zero impact to the community.–-why-is-the-market-ignoring-the-3-5-trillion-commercial-real-estate-market-implosion-pricing-in-another-bailout/

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