As Malls Get Crushed, Commercial Real Estate Prices Fall to Lowest in Nearly Two Years
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Leverage is why the Fed has been worried about the bubble in CRE. Commercial real estate loans at banks in the US reached a record of $4.3 trillion. This amount is now 11% higher than it had been during the crazy peak of the prior commercial real estate bubble before it … Read more