Quote:
Originally Posted by lawn psycho
Why now? Because there is a lot of inventory and you can name your deal. When the market recovers the best locations and deals will already be gone. Real estate lags the economy.
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Businesses are shrinking or closing at all levels of the economy. (Starbucks, KB toys, Home Depot, mom and pop shops) Who is going to buy or rent these vacant spaces? As long as businesses continue to down size, we will see the price of commercial real estate go down.