Commercial real estate plunge? Don't bet on it

Story date: 2008-02-27 09:15:00
Added on: 2008-02-27 23:15:33

St. Petersburg Times - ... betting that commercial real estate will turn out to be the "next subprime" mortgage ... estimates commercial real estate prices could drop 21 to 26 percent from current ... Even if that rate goes up, it isn't anywhere near the double-digit default rates ...


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