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Commercial Real Estate: The Next Hole in the Economy

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Uploaded by on Nov 20, 2009

D.C.-area developer Jeff Neal gives the Huffington Post Investigative Fund a tour of empty commercial properties just blocks from the Capitol. Hundreds of small and medium-size banks are facing huge numbers of possible defaults by builders who erected thousands of office towers, condominiums and shopping centers with the easy credit available five years ago.

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  • These are the types of characters who have captured the

    American government and gamed the US financial regulatory system for pure personal greed .

  • Silly goose his ego was too high to see the danger coming from over lending in the oversized, overbuilt, super size 'big mac' society. Something had to give sooner or later. And he thinks he'll still bring down his children and they'll be walking down the street and say 'I thought of that'. What a moron.

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  • this is the type of fucker who ruined the economy. they borrow crap lots of money from the bank b/c they expect to make a lot of money. but bam.....bad move......and now the bank wants a bailout from the taxpayer.  FU!!!

  • Respond to this video... Thank you. visit my blog too please

  • @denniskoutou Thank you. See more at athirdvoice.wordpress com

  • @ViperSRTnACR You;re correct

    JTN

  • Sad, but at the rate things are going in both residential and commercial markets along with out of control government spending and back hand deals taking place to try and recoup what was lost, I cant see this getting suddenly "better" anytime soon.

  • the video is great!!!

  • love your channel and vids!!!!!

    When you get a chance, explore my channel for real estate news, tips and more

  • This video shows the one part of affected area in the real estate industry because of the financial crisis experience by U.S

  • Hopefully, at this point of time. People will be able to learn about the economic crisis happens in the past years.

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