Commercial Real Estate Time Bomb is Ticking

With the most quoted statement of the day, serious attention was suddenly thrust on the commercial real estate market. It came from Representative Carolyn Maloney, democrat from New York and Chairman of the Joint Economic Committee: "The commercial real estate time bomb is ticking."
This was in reference to some shocking statistics they came up with that indicate the commercial market may end up crashing within months, like the real estate market did, and might take until 2012 or 2014 to

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