30.03.2010 - U.S. property plunge - how low will it go?
From Theglobeandmail.com: Canadians may look at the devastated commercial real estate market in the United States and see an opportunity to buy in cheap, as values in many markets have dropped by nearly half or more since their boom-era peak. But a complicated interplay among struggling owners, the distressed banks that made their loans, and predatory buyers already on the scene is making it difficult to call a bottom. And, more importantly, it may be helping to postpone a day of reckoning.....................................Full Article: Source
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