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langlui

04/06/09 1:27 PM

#26156 RE: newair #26155

I have been telling people that commercial real estate is the next sector to fall due to high vacancies rate and default, and high unemployment rate. GGP SGP CBL MAC should ALL tank.

More jobless may mean less jostling for office space
Moody's says jump in office vacancies to follow rise in unemployment rate

http://www.marketwatch.com/news/story/big-jump-jobless-rate-could/story.aspx?guid={D3F317DE-16A3-4872-B10D-E8825FABC26B}&siteid=yhoof

Ackman stumps for General Growth bankruptcy
http://www.reuters.com/article/marketsNews/idINN0227347820090402?rpc=44

You get help from this.. General Growth works to avoid bankruptcy
http://milwaukee.bizjournals.com/milwaukee/stories/2009/03/30/daily20.html?ana=yfcpc