Financial predators Soros: the United States fell at least sports 30%_ New Asia commercial real estate

Financial predators Soros: United States commercial real estate at leaswells fargo home equity loanst fall 30% from: permits network in China SDesk Help Software Trackingecurities journal- autHelp Desk Tracking Softwarehor: Yang Bo on April 02, 2009, 07:51 () source of the outbreak of the financial crisis--United States seems to be warmer there is still no sign of real estate industry. Standard and poor's latest report showed on March 31, United States House prices fell 19% in January, record the largest decline. Senior investor George Soros recently expressed concern about the Outlook for the real estate, think the future of commercial real estate values "dropped at least 30%". housing market recovery prospects Dim p report shows that the Case-Shiller20 major city house price index declines for the 30th consecutive month, refresh 18.6% history of the most in a month before recording, as well as more than analysts generally expect. At this point, the United States House prices have shrunk in recent 30% when compared with 2006 peak. Surveyed 20 United States large city House prices are falling, with the United States, Arizona State capital of Arizona House prices declined the most, at 35%, followed by Las Vegas, house prices dropped by 32.6%. analysts believe that the House price decline is largely due to rising foreclosure rates and the housing slump in demand. Data show that in February of this year United States rising foreclosure rate 29.9%, than the January value once again increased substantially. According to expert estimates, 440 families throughout the United States currently have 1 homes in the foreclosure process as positive. rising unemployment and substantially diminished personal wealth, consumer confidence dropped to below freezing. As announced on March 31, according to the March United States consumer confidence index is 26, only slightly more than 1 month prior history of low, indicating that consumers remain pessimistic about the Economic Outlook. Survey shows that only 2% Americans have planned for the next six months of purchase, this is the worst level since 1982. In this regard, Chief Analyst at Nomura Securities DavidResler says that the current market sentiment is still very low, "people still cautious about spending. " excess housing stock price remains low level over a period of time. Barclays Capital analyst Michael Mayer believes that current prices decreased there are still many factors, he said, "we believe that the price might be met until the second half of next year end and house prices will continue to diminish the household balance sheet. " financial predators look for light commercial real estate is not just data shows housing market prospects, relevant institutions and investors have expressed their pessimism. 28th, known as "financial speculators," said qiaozhi��suoluosi a few days ago with respect, United States commercial real estate prices fell again by 30%. "commercial real estate prices has not devalued. "Soros attended a forum in Washington, said," all heart, devalued to happen sooner or later. Recently some transactions has been reflected, commercial real estate prices are expected to fall by at least 30%. " the current United States commercial real estate market a total value of approximately US $ 5 trillion in 2007, representing a maximum value has been reduced 30%. Deutsche Bank real estate investment sector in early 2009 forecasts, commercial real estate throughout the United States for the third quarter of this year will continue to decline in 11%. financing contract, recent United States hotels, office buildings and other real estate loan default rates surged, while layoffs lead to the collapse of a large number of enterprises commercial real estate vacancy rates rise. According to Deutsche Bank analysts ' forecasts, loan default rates surged more than at the end of the year 3.5%, 2010 it is possible to further increase to 6%. Real estate capital markets consultant (RealCapital) also points out that there are approximately $ 11 billion in commercial real estate defaults are waiting to be sold. a large number of loan defaults makes about $ 300 billion of commercial real estate market at greater risk, and possibly the United States, such as pension funds, mutual funds and hedge funds pulled into a new round of crisis. Deutsche Bank analyst has warned that even the traditions of quality assets, commercial real estate market is subject to "bang" occurred since the last century 90 's biggest bubble crisis. Soros said the decline in commercial real estate market to the United States banking brings even greater pressure. He thinks the Obama administration should be adjusted as soon as possible the Bank's capital, in response to the further depreciation of the commercial real estate asset risks, and followed the White House on rescue operations in the banking sector obviously "reaction is too slow".