31.07.2009 - Commercial property: A concrete problem
From Economist.com: Banks face another round of property-related bad debts: this time it will be flashy offices, not rundown homes. There is something comforting about investing in bricks and mortar. To many people it is a solid, “real” asset, unlike those complex pieces of paper that flighty financial markets spend all their time trading..........Full Article: Source
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