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GLOBALIST CONTROLLED DEMOLITION: Commercial Real Estate (CRE) Crash Triggers 97% Property Value Drop And Hit 2008 Levels
The vortex of declining values in commercial real estate is getting wider and increasingly threatening. Imagine you bought a property for $300,000 expecting the investment would not only pay off overtime but also appreciate due to the normal dynamics of the real estate market.
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Fast forward to 10 years later, you find out that your property has become virtually worthless, even though there's nothing damaged on its structure and your neighborhood hasn't changed significantly.
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You are still paying off your mortgage loan, and after prices have plunged seemingly overnight, now you're buried on negative equity and stuck with a property no one seems interested in buying.
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Well, that's what's happening to commercial real estate owners and investors. But instead of $300,000, we’re talking about properties that were initially sold for between $3 to $300 million dollars or more.
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