Real Estate Expert: Stay Away from Malls

[balrajs]

Davidowitz its a BEAR's ASSHOLE.

[altha2008]

seen on of them outside malls that are popping up everywhere.

just set out side on afternoon while wife and daughter n law look around

for about a 3 hours in 5 stores that I checked out not the first person went in and came out with anything diffently not enough to pay for the rent and expenses.

[rickbar123]

screw the malls---dens of cheap imports that have put American workers out of work

let them all close

i feel bad for the min wage worker, screw the owners

[hallmobility]

He didn't get the memo from Federal Reserve Chairman Ben Bernanke. The "Recession" is OVER! Happy Daze are here again! Davidowitz is saying what trends forecaster Gerald Celente said, but Davidowitz offers a more facts. The Fed has committed itself, politically, to this line of BS-why? To improve consumer confidence to go into debt more and help the banks? To forestall the day of reckoning as Congress ponders its future? To boost the image of Obama?

[EwakAmerica]

Think about all those shopping centers/strip malls they have been building for the last decade in every town and city in the country.

Those where on all on credit. All of those chain retailers were so greedy because they wanted to be first in that town or neighborhood. And instead of rebuilding the vacant shopping centers they kept building new ones out in the suburbs.

[Sentinel4truth]

Love Howard, but when I hear him lately, I want to reach for the razor blades... j/k, but it's just chilling what's happening to America.

[Martian74]

So is now the time to buy some commercial real estate seeing that it is cheaper now?

[JMweb22]

NO, it will fall another 30-60% from these levels today.

[Melville10]

Celente talks a lot about the looming disaster in commercial real estate. CNBC just did a piece on it citing it might be a "slow motion train wreck".

[lynnybee888]

I love this guy !!! GO HOWARD GO ............... tell AMERICA the truth about what is in our future & thank you !

[crazyapeman511]

He speaks the truth about what is going on right now!!

[Ron239]

Davidowitz is great! Davidowitz for President! Love this guy.

[cajunsatan]

He hit the nail on the head. The commercial real estate market is WAY over leveraged. You thought the residential real estate bubble was big??

[Melville10]

Leverage? That means borrowing a ton of money right?

I've noticed around my area that many "empty spaces" are beginning to prop up in strip malls, shopping malls, and even regular buildings that no one wants.

[footman630]

Howard was correct about the current stock market crash (predicted it over a year ago). This is going to happen. It is nearly a guarantee. I know of three malls in my area that have filed already months ago. More will follow... And don't think a bailout will help. That is very wishful thinking.

[blingwave]

god, they both are annoying, "hundreds of thousands????" (stupid, shit eating grin).

[emforty2]

retail Malls are actually Casinos disguised as malls

you go in and you get cleaned out !

you deposit but theres no widthdrawal !