Want to know where the next real estate ticking time bomb is hidden? It may be at your local mall, at that strip center down the street, or in the office building your company is located in.
This report details how some $300 billion in commericial real estate loans are going bad and some banks are going to fail as a result and commercial buildings could go vacant as a result. If your company is a tenant in a failed office building, you might even get booted out.
And of course, there will be more pressure on the Federal government to "do something" which no doubt means "bail out" with money we don't have.
Strap in, another rough ride!
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