Another fine mess; Next crisis could involve commercial real estate loans January 18,2009

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

... Hotels also are expected to suffer. "With hospitality you have lower occupancy and competition," said Stan Ross, chairman of the USC Lusk Center for Real Estate. "Look at what you can get a room for in Vegas. If you have high debt, that has to be serviced, forget about the due date."...