High unemployment forces small businesses to close all over the country. Empty malls will force defaults on mortgages regardless what the official propaganda in media says. KIM will file for bankrupcy next year.
posts full of hyperbole like this are not helpful CRE has serious problems, not the least the huge amount of CRE debt coming due over the coming few years, almost all of it covering properties that have declined significantly in value
A pretty well advertised CRE crash. KIM and GE up again today. tax relief?