[ladyjane]

You think there is going to be a big real estate dump? LOL

It’s not just small businesses that have gone bankrupt in an effort to kill granny in the nursing home, it’s small and large landlords and it’s big investors in office buildings.

The demand for office space has disappeared. And there is a “big real estate dump” on the horizon for residential, rental and office space. Hold onto your hat if you’re in malls or office space.

p.s. Real estate, like politics, is all local. If you are in New England, NY, NJ your market is in trouble. If you are in the Carolinas and want to sell a residential property, you will do a bit better. If you’re trying to do office space, good luck.

[R_Kangel]

".... You think there is going to be a big real estate dump? LOL..."

........ If the property is too expensive to keep ..... Yes ... It will be dumped ... both commercial and private.

[headstamp 2]

[[[If you are in New England, NY, NJ your market is in trouble. ]]]

Upstate is being inundated with people fleeing NYC.

I believe there is going to be a big realignment in where people look to live and it ain’t going to be in cities.

Once the financial sector bails out of NYC, and its coming, turn out the lights.