12.08.2011 - U.S. debt downgrade to affect commercial real estate
The fallout from Standard & Poor's downgrade of Uncle Sam's credit could be a boon or a bust for the commercial real estate market, depending on how events unfold as the market enters uncharted waters. A lower credit rating usually raises interest rates to reward investors for taking on more risk, but just the opposite happened early this week. Amid global uncertainty and Europe's credit crisis, Treasuries were the prettiest girl at an ugly dance..............................................Full Article: Source
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