Sunday, August 9, 2009

'Recovery' in Commercial Property?


MIT (one of the top-ranked educational institutions in America) established and maintains a Commercial Property Price Index. Below is their latest chart which tracks prime Commercial Property in America (Malls, Office Towers, Apartment Complexes). The chart below shows you where these prices have been since 2000. Where, do you suppose, they are going as recent trends continue?

OFF THE CHART
into
UNCHARTED TERRITORY

where the BLACK HOLE (ABYSS - SEE! previous posts) awaits with
deadly patience and endless appetite.Notice the chasm between Buyers and Sellers.
Sellers and Banks (Lenders) are still IN DENIAL of price reality.
Dwindling Buyers are dragging prices towards the ABYSS! (Under Water)
Banks not yet INSOLVENT, will be SOON! - as they 'Mark-to-Market'

Who is RESPONSIBLE for this MESS?

ANSWER

The usual (Zionist Slimeball) suspects!
including the 'Mother-of-all-Bubble-Blowers'
and
SORCERER
Sir Alan GreenspanSEE!
Previous Posts for the Gory Details

MAZEL TOV, America!

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