MyBudget360.com
There is a massive amount of vacant inventory sitting across the United States. A good portion of this is viewable to the public but a large amount of this inventory is simply hidden from data scrutiny. Last week we talked about the commercial real estate bust coming to the most expensive region in California of San Francisco. The fundamental problem was the complex had no way of cash flowing on the apartments with current market rates. So it is no surprise that the giant San Francisco project now enters into another precarious situation. Banks do not move quickly on commercial real estate problems because who is going to buy a multi-million or even billion dollar piece of real estate? In this market the pool is tiny and the pool of those willing to lend is smaller.
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"It is not enough to know that there is a shadow government pulling the strings of the visible government- we must also act to expose it, and defeat it!"-Mark Matheny
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