Chris Marshall

Fed Notes Indicate Economy's Troubles Aren't Over

I agree with your analysis that we have not yet reached bottom for residential property and can see about another 20% of falls to come.

As commercial real estate tends to lag retail by about 18 months, at what level ( compared to todays price) do you think that they will stabilize, and when?

Regarding retail real estate in particular, they will be doubly hit by reduced asset values, and reduced revenues. Are you expecting company failures in this sector?