Will Vacant Retail Space Fuel the Next Real Estate Bust?

RE:Will Vacant Retail Space Fuel the Next Real Estate Bust?

Mike — Tue, 12 Aug 2008 11:00:00 GMT

Good article. I don't agree with the implication at the end, that retail is not coming back (i.e., shopping will all be online in the future). I think it's just your basic RE cycle. BTW, who wrote this article? I don't see the author's name listed anywhere.

RE:Will Vacant Retail Space Fuel the Next Real Estate Bust?

Steve Simon — Tue, 12 Aug 2008 11:00:00 GMT

I don't often tell people they are absolutly right but you are! Your post was complete and well written. To make it my post I would just change the names of the State and or towns. The story would be the same... the retail bubble will burst shortly and the empty office buildings and strip centers will prompt more complex bailout bills and they will beget further tightening of criteria which will beget more down turn. I am not always well received, but I usually tell the truth :)

RE:Will Vacant Retail Space Fuel the Next Real Estate Bust?

Larry — Tue, 12 Aug 2008 11:00:00 GMT

As some areas far from the City will get depressed and yes many retail areas will lose business, the bigger problem is we spend too much on War and Government entitlement. The cycle is starting that will plunge USA into a very poor Country . Our Government will go broke and many will suffer. We have enough wealth to continue , but no part of our system will give in and empty property will be everyehere, and homeless will be a way of life.

RE:Will Vacant Retail Space Fuel the Next Real Estate Bust?

Anonymous 2 — Tue, 12 Aug 2008 11:00:00 GMT

Cash is king. From a number of perspectives, there are very few, if any kings in this economy right now. How does cash get re-infused into the economy? Big (Jack and Queen moves through) stocks, bonds, and real estate at all levels (residential, commercial, and industrial). And in 98% of the country, there is not a lot going on from a banking perspective that is being reported on right now. From estimates on Wall Street, even the big house analysts are estimating a slight improvement in Real Estate in 2009 or 2010. After that, it is estimated that Real Estate will see a decline (one analyst used the word "steady) for some years after that before it gets better. Anonymous may have something to talk about. Has the "Iceberg met the Titanic" in economic terms? If so, there will be a few survivors. Wonder if those survivors will have any good stories to tell?

RE:Will Vacant Retail Space Fuel the Next Real Estate Bust?

Anonymous — Tue, 12 Aug 2008 11:00:00 GMT

I'd like to underscore that whether current spending trends change, that the living-off-of-debt lifestyles that are advocated and condoned nationwide likely will not. Until we get a better understanding of mixed holdings of savings, investments, and then MINISCULE debt...not much will go for the better for years to come. Perphaps, even with governement injections of cash we may hold to recessive economy symptoms. With the falling dollar, dismal GNP, and lost investor confidence from other countries, I think we havn't completely eradicated a possible depression coming, though.