This collapse of housing and commercial real estate markets suggests that perhaps we might consider questioning the validity of real estate speculation? The speculative increase of the value of real estate merely represents inflationary increase in price of real estate assets especially land which is 90%+ of the increase of values during boom times. Our tax laws encourage this kind of asset inflation while destroying that part of the economy that actually produces stuff and employs people. Duh.
30 billion will be a spit in the bucket A REAL SHAME
Ibuysellinvest 1 year ago
This collapse of housing and commercial real estate markets suggests that perhaps we might consider questioning the validity of real estate speculation? The speculative increase of the value of real estate merely represents inflationary increase in price of real estate assets especially land which is 90%+ of the increase of values during boom times. Our tax laws encourage this kind of asset inflation while destroying that part of the economy that actually produces stuff and employs people. Duh.
ourearthhome 2 years ago
Gerald Celente is predicting a commercial real estate collapse as well. This will destroy whats left of the economy.
TheChristianView 2 years ago 4
its funny how casual the whole thing appears. we will soon see how casual people react though in its rip state.
1217jesss 3 years ago
Nonsense - over the next 2 years, worldwide, at a minimum, over 100 TRILLION dollars of commercial real estate will empty with no chance of occupancy.
1029 to 1936 and then WWII started
2008 to 2011 and then WWIII starts
charles43110 3 years ago