The Commercial Real Estate Collapse Begins
Posted on September 3, 2009
Filed Under Real Estate Foreclosed |
The Commercial Real Estate Crash Begins
•General Growth Properties Inc, the second-largest U.S. mall owner, declared bankruptcy on Thursday in the biggest real estate failure in U.S. history.
•158 malls filed Chapter 11 while General Growth tries to refinance its debts
•The article statesAnalysts and other real estate experts have speculated that mall owners Simon Property Group Inc — the largest U.S. mall owner — and Australia’s Westfield Group would be interested in buying some of General Growth’s ets from bankruptcy.
•If people arent shopping at general Growths malls, what makes you think that people are shopping at the others?
•Gerald Celente called it.
http://finance.yahoo.com/news/General-Growth-files-for-rb-14945510.html
Duration : 0:6:49
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25 Responses to “The Commercial Real Estate Collapse Begins”
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your show is …
your show is awesome!
Baba sys U The Man. …
Baba sys U The Man… AWSOME MAN
Thanks Demcad. …
Thanks Demcad. Thanks for the report.
Great post.
what news what …
what news what journalism, it’s just a bunch of gossiping idiots. Anyone can be a news anchor these days. A five-year old from youtube can give me better news than these CNN and FOX holes.
How about some …
How about some discussion about the underlying causes of the commercial real estate collapse. You mention speculation. Do you think we should continue the policies that allow speculation in the real estate markets? Would that be a useful discussion?
Yeah Greg Shuster …
Yeah Greg Shuster is a bigot, it’s totally disgusting the way he made it into a oral sex rant. I have no idea how that idiot became an anchor, he has no business in news journalism even at MSNBC.
Nice catch.
Nice catch.
Looks like the …
Looks like the networks and media personel are doing a little tea baggin themselves to keep the networks elite bosses happy.
Eureka northern …
Eureka northern California Bayshore Mall has closed all our stores because of the bad economy
Good one, keep it …
Good one, keep it up Reg.
That cnn reporter, …
That cnn reporter, just like the rest of the major media networks are very unprofessional!!!!!!!!!!!!!!!
thank you for your …
thank you for your volg. You are right on spot!
The gov’t is …
The gov’t is tea-bagging US from the backside up.
tea bagging is …
tea bagging is about he balls
Now I know what …
Now I know what farrier means! And yes, they will be making tons of money soon!
How exciting working in such a fast-paced environment like wall street. Million twice over! Cool beans!
It’s astonishing …
It’s astonishing how we don’t have any channel with an objective viewpoint–we need to look at foreign media to learn what’s happening in our own country.
Reginald
My …
Reginald
My thoughts–The Libertarian Party has a long tradition of making April 15 a tax protest day, reenacting the Tea Party in Boston Harbor. Locally, LP organizers would use the April 15 postal deadline to hand out flyers. Today people are aware something is drastically wrong when our government (first Bush, now Obama) robs us at gunpoint ( that’s what happened last October with the bailout) to give hidden Hundred$ of Billion$ to the big banks and world bankers. So, it’s not partisan.
Hi, izzy, I’ve seen …
Hi, izzy, I’ve seen your posts on other sites! Farriers put shoes on horses. You did really well with your loans, keeping it a low amount. Wall Street was stressful in that my salary was on the low side while others raked it in, but I became a registered rep and learned how to invest and made a million, twice over. All my clients did even better than I did! I’m retired now, at 51.
What is farrier …
What is farrier school?
I am working on my doctorate now but I have only $2,700 in student loans (thank goodness).
Wall street, wow…I bet that was a difficult job: I bet it was very stressful.
Correct, the tea …
Correct, the tea parties are just the start of something bigger. The media knows this, and they tried degrade the protest through the fake right vs left media creation. Like billion dollar corporations are really liberal and care about the common person— no they want to control your mind which translates into control of society– how you think and what you think. Look up “Hegelian Dialectic” in Google, read about it and then you know the game. Break out of the left vs right paradigm.
I regret not going …
I regret not going to farrier school at Kent State. I am serious! My back eventually gave out, but I could have had the world by the you-know-whats if I’d have had that as a profession. I did okay in Wall Street, but . . .
I have a friend who just studied for a few years, is way in debt for student loans, and hasn’t quite made it to the Master’s degree. She was restaurant help, then an editor, now will look for a waitress job, and ALL THAT DEBT!
The MSM has LOST …
The MSM has LOST ALL CREDIBILITY. They are bought and owned by their corporate masters.
Don’t expect anything resembling intelligent, responsible journalism from them.
Rome is burning… fast.
Leave it to the …
Leave it to the sexual degenerates at msnbc to resort to that type of language. Degenerate liberal bums from . You liberal scum F@#%ing vermin. Your destroying our nation F@@k all of you. ( Nice to see brotha supporting the tea parties.)
I think overall the …
I think overall the Tea Party was a good idea, but executed poorly, I think this whole thing was hijacked by Fox News and right wing fanatics, I have to say a lot (I’d say more than half) of the folks at my tea party cared more about Obama’s middle name than they did about the tax code.
good idea, cause i …
good idea, cause i got lucky at a rally. I met someone and i got laid:)