Commercial Real Estate's Future
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Description
In this week's episode, Mark looks at the current state of the commercial real estate market, especially the problematic refinancing requirement in an environment of lower prices and a declining tenant base. Combined with a higher interest rate, this market faces difficult financing over the next three years. This is another negative manifestation of the Fed's control over interest rates in our economy. Be sure to follow Minor Issues at Mises.org/MinorIssues. Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at Mises.org/Money.
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