Commercial real estate took it on the chin last time alongside residential real estate. Obviously with the economy contracting there is going to be some fallout with commercial real estate. Businesses need to make income so they can pay their leases. Business dries up and so does the rent payment.
We are seeing the price of commercial real estate soaring while household incomes are stagnant. Take a look at this chart:
READ MORE: http://www.mybudget360.com/commercial-real-estate-bubble-cre-property-values-inflate-crane-demand/
