| This might seem like a simple question. But it is not. The Moodys/REAL Commercial Property Price Index (CPPI), produced at MIT, says they are still falling. Green Street’s Commerical Property Price Index says they are rising.
Which one is correct matters. If Green Street is right, and prices are only 12.6 percent off peak, then commercial properties by-and-large have equity (loan-to-value ratios rarely exceeded 80 percent on commericial properties). If MIT is right, we are still in deep trouble..............................................Full Article: Source
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