Commercial real estate has been speculating for years on an ever growing supply of credit among consumers. Few stopped to question whether that money would keep on coming.
Now the consumer is tapped out...exhausted from an inexhaustable supply of layoffs, rising fuel costs, and other cost of living adjustments. Now, they can't even make it to the malls in time for X-mas. Expect a brutal holiday earnings season for the REITs and their tenants.
http://online.wsj.com/article/SB122100092574816923.html?mod=yahoo_hs&ru=yahoo
Tuesday, September 9, 2008
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2008
(146)
-
▼
September
(15)
- The Debts of the Spenders: Lack of Trust Has Creat...
- The Debts of the Spenders: CDS Part II (Private Ca...
- The Debts of the World: Credit Markets Explained
- The Debts of the Spenders: CDS (Credit Default Swa...
- The Debts of the Spenders: Negative Interest on Tr...
- The Debts of the Spenders: Foreign Reaction To Bai...
- The Debts of the Spenders: Return to Level 3 Accou...
- The Debts of the World: Hyperinflation Meets Hyper...
- The Debts of the World: Deflation Part III
- The Debts of the World: Deflation Part II
- The Debts of the Spenders: If they Build It, They ...
- The Debts of the World: How Deflation is Killing G...
- The Debts of the Spenders: The Real Cost of a Bailout
- The Debts of the Spenders: Questioning Government ...
- The Debts of the Spenders: Why the Dollar is Rallying
-
▼
September
(15)
0 comments:
Post a Comment