Comments on: Two Reasons Why the Worst Is Yet to Come for Housing http://offshoreinn.com/investing/two-reasons-why-the-worst-is-yet-to-come-for-housing/ Offshore Inn for International Real Estate, Overseas Jobs, Asset Protection, Expatriate Resources and Overseas Retirement Thu, 09 Feb 2012 08:57:38 +0000 http://wordpress.org/?v=2.6.3 By: Edwin Duterte http://offshoreinn.com/investing/two-reasons-why-the-worst-is-yet-to-come-for-housing/#comment-8480 Edwin Duterte Sat, 13 Jun 2009 21:45:37 +0000 http://www.contrarianprofits.com/?p=17845#comment-8480 I think there is a major time bomb on the commercial side. Because consumer spending has been tempered due to the economy and banks are not yet lending, when loans that are due and need to be refinanced, I believe that we will see many retail buildings in foreclosure. The Christmas season is going to be really really tricky. I think there is a major time bomb on the commercial side. Because consumer spending has been tempered due to the economy and banks are not yet lending, when loans that are due and need to be refinanced, I believe that we will see many retail buildings in foreclosure.

The Christmas season is going to be really really tricky.

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