Comments on: Chase CEO, Jamie Dimon says commercial real estate is a train wreck http://loanworkout.org/2010/01/chase-ceo-jamie-dimon-says-commercial-real-estate-is-a-train-wreck/ - Free Mortgage, Auto and Student loan Calculators by LoanWorkout.org Wed, 23 May 2012 16:08:16 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Jay Banks http://loanworkout.org/2010/01/chase-ceo-jamie-dimon-says-commercial-real-estate-is-a-train-wreck/#comment-19270 Jay Banks Wed, 20 Jan 2010 14:21:30 +0000 http://loanworkout.org/?p=7811#comment-19270 I'm not sure if I understood it correctly but if the commercial real estate is a wreck it can't affect the economy anymore because it has already done. Anyway, the worst situation is already behind us and I hope that we can expect upturn in upcoming months and may be years. E.g. situation in Canada has improved already. Residential property sales in Greater Vancouver totaled 2,515 in December 2009, an increase of 172.2% from the 924 sales recorded in December 2008. Regards, Jay I’m not sure if I understood it correctly but if the commercial real estate is a wreck it can’t affect the economy anymore because it has already done. Anyway, the worst situation is already behind us and I hope that we can expect upturn in upcoming months and may be years. E.g. situation in Canada has improved already. Residential property sales in Greater Vancouver totaled 2,515 in December 2009, an increase of 172.2% from the 924 sales recorded in December 2008.

Regards,
Jay

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