American Madness

Intelligent Criticism in the Service of a Better Nation




Commercial real estate will be just fine

Posted by Josh Friedlander | No Comments

For months now, ZeroHedge and unfortunately other bloggers and even some mainstream publications have been warning of an impending commercial real estate meltdown that’s supposedly going to crush banks, petrify credit markets, stall the economy’s V-shaped rebound, and usher in an epoch of plague, locust, boils and the slaying of every real estate lender’s first-born. Yet despite their continuous calls of “timber”, the “commercial fake estate” tree refuses to fall. And just like an unheard tree falling in the woods makes no sound, if a borrower fails to repay but no one marks down the loan, there really hasn’t been a default.

via If You Believe All The Negative Hype About Commercial Real Estate, I’ve Got A Few Thousand Vacant Office Buildings To Sell You | zero hedge.

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