there is just not much of a market that you can establish at this point in time
Thank you very much. I think it is an excellent panel. Although you have put me in quite bit of distress from what I hea...
Several years away?
So we are in the middle of 2011 before you would project an improvement in commercial real estate markets...
So any of those that we can change to make it easier and make it more value on depreciation, or any of these investments...
one thing that did come out of that debacle that was worthwhile was a move to a more transparent and public ownership of...
If we do something, is to stimulate the economy, not to stimulate the government.
What number are you pegging for a loss in value when we hit the bottom of this commercial real estate trough?
I think, on these things, what we have got to do is try to stimulate money back into the marketplace.
Prices have fallen by more than 20 percent since peaking in late 2007, and my guess is there is still further downward t...
the lending rates both in terms of interest and time are so severe that it makes the property almost become a nonperform...
But I am just trying to track this timeline.
So unemployment is not projected presently to pick up until middle part of next year, I don't think.
We need to look at what it is that is taking place and what policy issues we can address to try to make it better or at ...
the only thing that is selling is something at a real fire sale or distressed, somebody just dumping on the market
I sure want to invite you or any of your industry associations to come up with specific proposals to put forward because...
I want to thank the chairwoman for doing that, and I promise I won't do a coup here.
I think this is one of the most important issues for us to keep our eye on at this point in time.