Mar 1 2010
Commercial Real Estate Problems in Financial Purgatory – $3.4 Trillion Debt Market and Expansion of Interest Only Loans to Finance CRE Deals. CRE Debt Found its way into Pension Funds.
The Congressional Oversight Panel put out a daunting report regarding the commercial real estate market. Commercial real estate is an enormous market with $3.4 trillion in debt secured by office space, malls, and apartment complexes to name a few examples. Commercial real estate does a fairly good job as being a barometer for the actual [...]
Feb 26 2010
The Financial Battle for the Middle Class – Underemployment at 20 Percent, 38 Million Americans on Food Stamps and Little Hiring. Can it be a Recovery with no Jobs for this Long?
For most Americans a jobless recovery is an oxymoron. After all, the vast majority of Americans who pump money into the economy through consuming what they earn, typically find it harder to spend if they don’t have a job to draw an income from. It is understandable that there is a lag between a recession [...]
