Commercial Real Estate Still A Profitable Invesment
So far, the softening in the real estate market hasn’t been felt in commercial property. There appears to be only a slight decline in 2007 vs. 2006.Apartments have benefited from the still-high home prices and tightened mortgage-lending standards, although the
Interview with Alan Greenspan
Alan Greenspan admits that the Fed did not see the problems with the sub prime market. To hear the entire interview click here.