Jesse's Café Américain

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor; he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.” Marcus Tullius Cicero

Showing posts with label commercial real estate. Show all posts
Showing posts with label commercial real estate. Show all posts
16 January 2010

US Commercial Real Estate a Multi-Trillion Dollar Bloodbath in Progress

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Residential Real Estate in the US is in serious trouble, and a drag on the real economy. And yet it is holding up a bit because the Fed is b...
12 December 2009

The Trend in the Freddie Mac US Housing Price Index

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I suspect that the US Treasury and the Fed will continue to monetize the decline in housing prices and the mortgage market. We may see an in...
17 November 2009

Have Home Prices Only Fallen 1/4 of the Way to Trend?

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Interesting chart to say the least. Ben is pumping the money buttons so hard that the trend may be realized a bit higher in nominal terms on...
25 October 2009

CapMark Eats Its Balance Sheet - Declares Bankruptcy

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We are watching a train wreck in slow motion, with the Fed and Treasury putting on a smoke and mirrors show to hide the gory details of perf...
16 April 2009

Second Largest US Commercial Retail Real Estate Company Files for Bankruptcy

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This is the tip of the iceberg, still the early stages of failures in the real economy which has been distorted beyond all reason by the out...
13 February 2009

The Next Bubble to Implode: Commercial Real Estate

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Cartoon courtesy of Giovanni Fontana
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