I read an interesting article yesterday about commercial real estate: http://www.efinancialnews.com/
Commercial real estate hasn't been effected by the economy as much as residential has.
But, it is starting to be a problem in various parts of England and Europe. The U.S Vacancy rates in commercial properties are just starting to rise in New York, which has been immune from problems for a long time.
Vacancies will go up and rates should drop.
Up to this point commercial real estate hasn't been affected the same way residential has. I think that has already started to change. The above article explains it very well.
Showing posts with label real estate. Show all posts
Showing posts with label real estate. Show all posts
Friday, October 3, 2008
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