Cramer mocking those who believe the next CRE crash that is coming....

Quote from ralph00:

News alert: CRE has already crashed. Time to move on folks.

BTW, one man's crash is another man's bounty. Yes, if you bought some comm'l re at a 5 cap in 06, you're fucked. If you made a loan to someone to buy some comm'l re at a 5 cap in 06, you're fucked. On the flip side, if you're looking to rent office or retail space in 09/10, you can name your price/concessions/location. If you want to start a restaurant, there will be any number of landlords willing to cut you a great deal. The cure for low prices is ... low prices.
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Bought some CRE or made a loan in 2006 you were fucked.... Come on are you serious, you say that today totally after the fact, of course you can scream about it today and look as if you knew what was going to happen but 99% didn't.

Disagree, I drive around and take notice of the millions of sq feet of retail space for lease and rent. If there is a double dip recession which I'm leaning towards, it will create an even greater downfall in CRE which will lead to a crash. Right now it's been slow and steady due to the easy money policies bubble Ben bernanke has put into place. You keep thinking the bottom is in on CRE and I will just continue to watch it sink. Don't fall for any uptick in this area as well, it will be shortlived. Maybe the government can give free handouts like they did to first time homebuyers to spur some optimism. What a fucking joke.
 
Quote from Dr. Zhivodka:

If the great commercial real estate crash that we always hear about from you and bylo was going to actually happen wouldn't the SRS be at 300 already?
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CRE prices fell 35% nationwide, some markets it was 50% or more - that's a crash and it's already happened.

As for your other point, you could have said that in 2007 too - didn't stop real estate having its biggest crash since the Great Depression. I remember in 2005 and 2006 here, lots of real estate bulls were pointing to the stock performance of homebuilders as a reason why a crash would not happen. But the crash did happen. Ditto with dot.coms in 1999 and early 2000.

The fact is, stock prices do not anticipate crashes. So if CRE were to crash, today's stock price would not tell you that in advance. Thus, today's stock price does not in any way indicate that it *won't* happen either.
 
Quote from S2007S:


I have no idea why they cant just accept that these free handouts are not the way to fix this economy. Time will prove that bubble ben bernankes ways were the wrong ways, it will be recorded and played back to the masses that his policies were completely backwards. You do not fix a broken economy with easy money and plenty of liquidity, the reason for this crisis was because of the same exact policies greenspan used, bubble ben bernanke is implementing the same exact policies at this very moment.

wake up people.....
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Wrong, at least in part.

You are correct that the economic policies of this gov't and fed are wrongheaded....

but, you seem to think that history will record it accurately. You couldn't be more wrong. History books are nothing but politics, just like everything else.

If you'd like to see in advance what the history books will show, just look at what I've copied from an article at seekingalpha.com this morning.

"Treasury Secretary Timothy Geithner and President Obama told a gathering of small bank leaders at the White House Tuesday that they'd better start lending more or they would bear responsibility should the recovery falter. "
 
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