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Apr 02 21:54 pm
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All Comments by TruthSayer »The Bull Case for Simon Property Group [View article]
I will have to agree with the commentors - SPG is in for trouble. It maybe that SPG is the prettiest horse in the glue factory - nonetheless it will feel pain. I would even venture to say if we do continue on this fake/delayed rebound, people will likely jump on things that are exploding - financials/technology/... - versus the obviously painful commericial real estate play. Real estate in general is clearly understood to be overbuilt.