If You Thought the Housing Meltdown Was Bad…

‘…wait until you see what’s in the cards for commercial real estate.

That’s right, the next train wreck
will be in commercial real estate. Couldn’t be worse than last
year’s residential market crash? That remains to be seen. But
it’s coming soon, probably as early as the second quarter of next
year, and there’s nothing that can prevent it. The government
will intervene, trying desperately to delay the day of reckoning, and
may even succeed. For a while. But make no mistake about it, that train
is going off the tracks no matter what.’

Read more…