tag:blogger.com,1999:blog-11027528911364475.post5444824456140963909..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Commercial Real Estate: There Goes the (Entire) BubbleJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-11027528911364475.post-42246866997393280662009-08-20T15:46:14.200-07:002009-08-20T15:46:14.200-07:00My business is currently looking to purchase a war...My business is currently looking to purchase a warehouse in the city of Seattle and valuation are still a joke. If you bought any of the warehouse for sale in the South end, you could not even cover the mortgage with the rent you received. The ridiculous thing is that there are for lease signs all over the place and there is still new supply coming onto the market. This city has a long way to go before it hits bottom.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-19423919585039630882009-08-20T04:45:16.288-07:002009-08-20T04:45:16.288-07:00negatives:
1) tighter financing standards
2) lack...negatives:<br /><br />1) tighter financing standards<br />2) lack of demand (unemployment)<br />3) the oversupply<br />4) likely forced selling in coming years<br /><br />positives:<br /><br />1) valuation<br />2) lack of new construction we'll likely see for 5-10 years<br /><br />the question is which outweighs the other?Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-39105337317764065942009-08-20T03:50:25.551-07:002009-08-20T03:50:25.551-07:00jake this is too pessimistic. We are clearly in a ...jake this is too pessimistic. We are clearly in a bottoming process. Its much less risky to buy commercial property now then 2-3 years ago.Anonymousnoreply@blogger.com