Commercial Real Estate: The Next Hole in the Economy

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D.C.-area developer Jeff Neal gives the Huffington Post Investigative Fund a tour of empty commercial properties just blocks from the Capitol. Hundreds of small and medium-size banks are facing huge numbers of possible defaults by builders who erected thousands of office towers, condominiums and shopping centers with the easy credit available five years ago.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: HuffPostFund

Length: 04:04
Rating: 4.703704
Views: 29149


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Video Comments

myestatedealdotcom (November 30, 1999 at 12:00 am)
I think when it comes to real estate the best way to save is through saving on realtors commission when selling your property. If your buying why not try a new revolutionary system that helps you get a rebate of any property you buy!!!
digitalraver81 (November 30, 1999 at 12:00 am)
this is the type of fucker who ruined the economy. they borrow crap lots of money from the bank b/c they expect to make a lot of money. but bam.....bad move......and now the bank wants a bailout from the taxpayer. FU!!!
MrJeffreyNeal (November 30, 1999 at 12:00 am)
Respond to this video...  Thank you. visit my blog too please
MrJeffreyNeal (November 30, 1999 at 12:00 am)
@denniskoutou Thank you.  See more at athirdvoice.wordpress com
MrJeffreyNeal (November 30, 1999 at 12:00 am)
@ViperSRTnACR You;re correctJTN
ViperSRTnACR (November 30, 1999 at 12:00 am)
Sad, but at the rate things are going in both residential and commercial markets along with out of control government spending and back hand deals taking place to try and recoup what was lost, I cant see this getting suddenly "better" anytime soon.
denniskoutou (November 30, 1999 at 12:00 am)
the video is great!!!
VegasRealEstateBlog (November 30, 1999 at 12:00 am)
love your channel and vids!!!!! When you get a chance, explore my channel for real estate news, tips and more
spectrum2000now (November 30, 1999 at 12:00 am)
This video shows the one part of affected area in the real estate industry because of the financial crisis experience by U.S
spectrum0590 (November 30, 1999 at 12:00 am)
Hopefully, at this point of time. People will be able to learn about the economic crisis happens in the past years.


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