Snaps #4: Troubling Commercial Real Estate, Risk for Florida’s International Home Buyers and Strength of Luxury Industry
On risk and opportunity in commercial real estate; Florida’s recent ban on international home buyers, and resilience of luxury goods industry.
Disaster and Opportunity in Commercial Real Estate Debt
Here in this newsletter, I have many times said that Real Estate is a lousy investment. Looming commercial real estate debt (CRE) crisis proves this. Of course, we can’t certainly know whether debtors will really default, but there is significant risk concerning the overall economy.
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