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FacebookWatch My LIVE Broadcasts (On-Demand): www.livestream.com Add me as a friend on Facebook! www.facebook.com Get DAILY GrowBy10 Updates on Twitter! twitter.com Aug. 10 (Bloomberg) — The collapse in commercial real estate is preventing Federal Reserve Chairman Ben S. Bernanke from declaring the economy and financial markets are healed. Property values have fallen 35 percent since October 2007, according to Moodys Investors Service. Thats making it tough for owners to refinance almost $165 billion of mortgages for skyscrapers, shopping malls and hotels this year, pressuring companies such as Maguire Properties Inc., the largest office landlord in downtown Los Angeles, to put buildings up for sale. Negative Fundamental Demand for commercial space comes from employment and the income generated by that employment, said University of Pennsylvania Professor Joseph Gyourko, director of the Wharton Schools Samuel Zell and Robert Lurie Real Estate Center in Philadelphia. Mounting job losses are a really significant negative fundamental, signaling that conditions are going to be tough for the industry for a while, he said. That may spill over into mounting losses at some banks. Forty-seven percent of loans at the 7000-plus smaller US lenders are in commercial real estate, compared with 17 percent for the biggest banks, according to New York-based Goldman Sachs Group Inc.
@ngonea The money went to London to be exact.
@sirhogin1 and what’s more, they’re bleeding the system more than all welfare history to present combined!! They are in fact the biggest rip offs!
@kysmik invest in america. Your neighbour. Mom&Pop stores. You can’t eat silver or gold, treasury bonds ect.
abandon wallstreat!!!!!
@DillonX Houston and Texas is not hit hard because you guys GREW but did not see the rise of property values that influenced regulators to make horrible mortgages. The reason Houston’s property values did not rise because they DID NOT HAVE land use or growth regulations polices that conflict the supply of new strucutres.
Will work for food? WTF: Don’t get pissed, get even.
Public, non-cooporation is making the idocrat elite sweat, they are running scared, their Bilderberg plan is not working (out), fuck them, quit paying one red cent to bank credit cards, quit paying for inflated mortgages, quit buying crap, fire your bankster, quit working your ass off for shit wages in a shit job, non-cooporation is effective peacefull dissent, now lets see who’s got who really by the fucking balls.
Great video, I think you will also like our latest video of luxury real estate.
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Thanks,
Dan
I like this video
great video, reminds me of southern california, there is a way to make money from a declining commercial real estate market…
check out DRV
it is like a mutual fund which is positioned to make money shorting the commercial real estate market.
All should hold some gols as insurance only – not a speculation on inflation.
however, that said gold is no insurance when the economy recovers – as it is – infits and starts. The stock market is correctly anticipating an economic revival and the years of restraint in building will prevent a collapse in commercial real estate values. wise investors are gertting into commercial property now.
@kysmik Although both gold and silver coins are impure – and furthermore, you tend to pay a premium for the pure precious metal weight within the coin – this is negated, as these coins can be traded on at the same premium – so are no different an investment than investing in pure metal
Cavuto is such a faggot!! I guarantee he has thought of men sexually before !!
karl marx was right.
I M P E A C H Obama NOW , Google Kesha Rogers Texas.
Both parties are 100% RESPONSIBLE for the DECLINE and FALL of America. Throw the BUMS OUT NOW!
Bush and Obama should both have been IMPEACHED. While it’s too late to IMPEACH Bush, we still have time to IMPEACH the Marxist Obama and there is a movement underway to do just that. Google KESHA ROGERS TEXAS.
Ron Paul is the only honest person in congress.
Peter Schiff is also honest.
OK. Family meeting folks, need to cut cost, for starters bare bone essentials only, canceling all insurance policies (frauds anyway) walk away from credit cards (Fico: huge fraud), walk and bye bye underwater mortgage. Hey,.it’s just a pragmatic family business decision. Got the idea from too big to fail banks, I hear they are really good at it. Start me a family weed garden, shop local, pop me a cool one and,..Oh well Fuck it!
Illuminati=ET kin aka gods, Annunaki, Ea, dragons, angels/demons, Satan, Pepsi, naga, vampires, bluebloods, Al Gore, Windsors, Rothschilds, Rockefellars etc who rule cults like Freemasonry. Their agenda: repeatedly cull/victimize people via vaccines/other poisons, Codex Alimentarius, carbon taxes, internet 2, WW3 then stage an alien invasion to get a fascist world government/religion with us chipped. Support Dr Deagle, Stewart Swerdlow, Oracle Broadcasting, gardeners and free-energy technology!
We must remove ALL the criminals in congress NOW!!!! They do NOT represent us at all.
Paul Harvey is the only person who explained this for me…
If 14 trillion dollars vanished from the economy… the government can inject 14 trillion into the economy in the form of targeted relief … before we get inflation.
NOBODY wants us to know this… because the gangsters of business want it both ways.
they want the bailouts… if the money goes to healthcare – they grab the megaphones of Jewish media and yell INFLATION!!
fuck these politicians.
gangsters in both parties have hijacked our beautiful capitalism. FIRE THEM ALL, THESE SOCIALIST FUCKS!
my favorite stocks for 2010: canned foods, guns, and ammo.
the ultimate bartering tool in 2030: a giant costco bottle of jack daniels you bought in today’s dollars. i figure i’ve got 20 years to stack my entire attic with booze. i’ll be the richest man on my street.
WOOOOOOOOOOO im ready for another massive credit crunch and sell off, im ready to get into SDS and DOG
you are already poor, so it will not affect you much. as more people join the poverty list, it may look like you are moving up
yes, the dow will be at least 5,500 by the end of this year. maybe it can be above 10,000 too.
and when you can’t make an intelligent argument, you resort to insults? LAME.