Seeking Alpha

Urbane Gorilla! » Comments » Single Comment |

  • Commercial Mortgages: The $400 Billion Ticking Time Bomb [View article]
    Commercial real estate doesn't just apply to apartments. We're talking Malls, storefronts, business premises, office blocks, factories and anything else that has commercial value. This could be ugly.

    For teh record, before you go long SKF or SRS, you might want to check recent articles here on SeekingAlpha, or check 'Fund My Mutual Fund' by TraderMark. You might be surprised to find that these inverse-ultra ETFs don't necessarily pay the way you would expect. In fact, you can lose money when you would expect to gain.... Definitely a 'due-diligence' issue here....

    And for JohnnyT... You would think that that is how it would work, but having seen many vacant apartment complexes in various cities across the US, I can attest that yes, they do go vacant. Banks are not set up to handle rentals.... Kind of a shame in a way. If they had made arrangements with rental agencies, maybe the home foreclosure issue would never had turned out so ugly and possibly our financial problems would have been a fraction of what they've turned out to be. It's better to staunch the flow of blood than it is to arrange a burial... (Mortgage lenders should have read 'Lateral Thinking' by Edward DeBono... )

    jegan ;-)
    Jan 11 17:12 pm |Rating: +2 -1
All Comments by Urbane Gorilla! »
Comments by Ticker
AA, AAI, AAP, AAPL, ABAT, ABB, ABC, ABK, ABP, ABT, ABWTQ.PK, ABX, ACI, ACLI, ACM, ACS, ADBE, ADM, ADP, ADRA, ADRD, ADRE, ADY, AEGR, AEM, AET, AFG, AFL, AG, AGD, AGG, AGNC, AGU, AHBIF.PK, AHL, AIB, AIG, AIR, AIV, AKNS, AKP, AKR, ALNY, ALSK, ALTI, ALTR, ALV, AMAT, AMB, AMD,
Urbane Gorilla!'s
Comments Stats
961 comments
Rating: 152 (479 - 327 )