Commercial Real Estate bust

The bubble built in residential housing is quickly moving to commercial real estate. It stands to reason that commercial real estate should suffer if residential real estate does. Yet, those same financiers who brought us the housing bubble went into commercial real estate (CRE) loans en masse when things started to slow in the residential arena. Those chickens are coming home to roost.

The Guardian in the UK has a great article about the increasing number of spaces going unleased in America’s malls.

1 Comment
  1. Bob says

    We have noticed the slowdown in the East Bay area of California. Many malls and strip malls have lots of space.

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