New meltdown looms as Sacramento-area commercial vacancy rate rises - Sacramento Business, Housing Market News | Sacramento Bee: "Sacramento's troubles are worse than most, according to national analysts, but the threat looms across the entire country. With the national economy seemingly poised for a recovery, some experts fear the recession could be prolonged if commercial loans go bust like residential mortgages."
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See below. I don't buy any of this "poised for a recovery" conventional wisdom. Thanks to Fred Pilot for this link.
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