| 30.11.2009 - Dubai's debt woes could further unhinge U.S. commercial real estate sector |
| From Seekingalpha.com: The potential for contagion from Dubai's debt woes could further unhinge an already fragile U.S. commercial real estate sector, whose values have already fallen 42.9% from their 2007 peak, close to the lowest since 2002, according to Moody's. The latest Moody's projection is for prices to bottom at 45-55% below their peak, but could drop as much as 65% from their peak in a "stress case".................................Full Article: Source |