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Your world at risk. How the impossible becomes the inevitable.

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An Insider’s View of the Real Estate Train Wreck

Posted by Matt in January 25th, 2010 | no comment 
Published in Economy, Financial, Financial Crisis, U.S., , , , , , , , , , , , , , , , , , , , , , , , , , ,

The first time I spoke with real estate entrepreneur Andy Miller was in late 2007, when I asked him to serve on the faculty of a Casey Research Summit. As John Mauldin, a former faculty member himself, knows, we’re very selective with our speakers. And there was no one in the nation I wanted more [...]

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Why This Real Estate Bust Is Different – BusinessWeek

Posted by Matt in November 9th, 2009 | no comment 
Published in Economy, Financial, , , , , , , , , , , , , , , , , , , , , , ,

Unrealistic assumptions, layers of investors, sky-high prices, and possible fraud will make it hard to clean up the mess in commercial real estate
It would be easy to write off this blowup as just another casualty in the regular boom-and-bust cycle of the $6.4 trillion commercial real estate market. But the Goldman deal, with its unrealistic [...]

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