Sure things will look better, like all pumped into the interm trillion into the economy and government are increasingly involved at the local level, handing out money to individual states, and holds it swims along. Is the government taking over the individual state?
In the next 3 years, is older than $ 1 trillion in commercial mortgages, this is a new version of the subprime implosion? Will this create a force for sale in underwater mortgages in the real estate industry?More property despair?
Wall Street Journal reported about 24% of owner-occupied homes had mortgage debt that exceeded the values of the properties in the end of June, according to Equifax and Moody's Economy.com. This figure rises to 32% when you rely on the proportion of homeowners with mortgages that do not have equity in their homes.
German bank says nearly half of the United States. Homeowners with a mortgage are likely to owe more than their properties before which are worthHousing recession ends.
Leave Karen Weaver and Ying Shen analysts in New York at Deutsche Bank to "The proportion of underwater loans of up to 48 percent or 28 million households, prices fall until the first quarter of 2011.
The U.S. is still losing more to hundreds of thousands of jobs per month and growing. Further deterioration will increase consumer spending and push defaults by borrowers, the unemployment rate. No income to service the debt, pay no income to spend inthe branches, less cash flow for the owner, less income to pay rent, the monthly rent, need, and more major problems for owners of commercial real estate tenants on renewals.
The government is creating an unsustainable debt burden and rescue operations continue. A majority of jobs in public sector employment. What has at small companies that happens to create 75% of all new jobs. Are we for a welfare state, or only Social Capitalism going?
It's the old adage in realEstate, "buyer if" Watch your personal and corporate investment portfolio, put together a strategic plan if you have an account yet, its never too late to start. "Cash is King" Plan wisely and you can have great real estate opportunities that come your way.