How big is the coming CRE crash? "Huge," says Wilbur Ross, who recommends "extreme caution"...

|By:, SA News Editor

How big is the coming CRE crash? "Huge," says Wilbur Ross, who recommends "extreme caution" before putting money in. "All of the components of real estate value are going in the wrong direction simultaneously. Occupancy rates are going down. Rent rates are going down and the capitalization rate - the return that investors are demanding to buy a property - are going up."