Dec 24 2009

Commercial Real Estate Holders Decide to Walk Away: The Continuing Double Standard from the Banking Industry. Debt Ceiling Raised to $12.4 Trillion Making Room for more Bailouts.

There will be many new financial stories in 2010 but one that is certainly to garner much attention is the implosion of the commercial real estate market.  A $3.5 trillion market that has taken it on the chin alongside the residential real estate market.  The commercial real estate debacle usually follows a similar pattern.  Residential […]

Nov 22 2009

FDIC Broke and Selling Real Estate: How $13 Trillion in Assets is Protected by no Deposit Insurance Fund. FDIC Selling Properties to Replenish Fund and Collecting Early Fees.

The FDIC, that enigmatic seal of security on your bank entrance, is virtually bankrupt.  The FDIC provides deposit insurance to over 8,000 banks that collectively hold $13 trillion in assets.  We can question what those assets are really worth since many of these institutions hold $3 trillion in commercial real estate loans and defaulting residential […]

Nov 19 2009

Commercial Real Estate Reality Check: 2007 Commercial Real Estate Valued at $6.5 Trillion with $3.5 trillion loans. Today, Commercial Real Estate Valued at $3.5 Trillion with $3.5 Trillion in Loans. Can you spot the Problem?

Commercial real estate is dealing with the neutron bomb effect.  The buildings still stand but the inside is gutted as if vultures had devoured a carcass.  What we are seeing, like in many other sectors of our economy, is a distinction between reality based economics and the inflated prices of Wall Street.  If we look […]

Oct 26 2009

Commercial Real Estate Implosion: 67 Percent Fall in Multifamily Starts, Ghost Buildings, $3 Trillion in Debt, 41 Percent Drop in CRE, and Collapse in Rents.

Driving along the highway at night, it is an eerie sight to look at some of the vacant buildings.  The lights are on but the floors are empty awaiting an audience that will never come.  Can it be that commercial real estate, with over $3 trillion outstanding be in worse shape than residential housing?  In […]

Aug 1 2009

FDIC Loan Report and Plan C: Nearly Half of the $7.7 trillion in Loans Outstanding at FDIC Insured Banks are in the form of Commercial Real Estate. USPS Contracting CRE Space. Drop in Restaurant Traffic.

The commercial real estate debacle is heating up.  Although the market is cheering the better than expected drop in second quarter GDP, much of the reason for a less than spectacular fall came from the “G” in the equation, government spending.  By the way, we revised Q1 GDP lower to -6.4 percent but not much […]

Page 4 of 512345

My Budget 360

Enter your email address to receive updates from My Budget 360:

100% Private & Spam Free.

 


Subscribe in a reader

 

Popular – All Time


  • 1. How much does the Average American Make? Breaking Down the U.S. Household Income Numbers.
  • 2. Top 1 Percent Control 42 Percent of Financial Wealth in the U.S. – How Average Americans are Lured into Debt Servitude by Promises of Mega Wealth.
  • 3. Is college worth the money and debt? The cost of college has increased by 11x since 1980 while inflation overall has increased by 3x. Diluting education with for-profits. and saddling millions with debt.
  • 4. The Perfect $46,000 Budget: Learning to Live in California for Under $50,000.
  • 5. Family Budget: How to go Broke on $100,000 a year. Why the Middle Class has a hard time Living in Expensive Urban Areas.
  • 6. Lining up at Midnight at Wal-Mart to buy Food is part of the new Recovery. Banks offering Mattress Interest Rates. The Invisible Recovery Outside of Wall Street.
  • 7. You Cannot Afford a $350,000 Home with a $75,000 Household Income!
  • 8. Crisis of generations – younger Americans moving back home in large numbers. Student loan default rates surging largely due to for-profit college expansion.
  • 9. The next massive debt bubble to crush the economy – 10 charts examining the upcoming implosion of the student loan market. $1 trillion in student loans and defaults sharply increasing.
  • 10. Welcome to the new model of retirement. No retirement. In 1983 over 60 percent of American workers had some kind of defined-benefit plan. Today less than 20 percent have access to a plan and the majority of retired Americans largely rely on Social Security as their de facto retirement plan.
  • Categories