Opinions please! The residential poll

Feel free to write your answer in the “other” column, or leave comments in the comments section. (If you vote, don’t forget to push the VOTE button) Or else, join the residential discussion found in our CEDEM CEE group on Linked In.


One response to “Opinions please! The residential poll

  1. The system is clogging up – though banks have received capital and guarantees to shore up their balance sheets, it has not forced them to deal with the underlying problems of their troubled real estate assets (both residential and commercial). They are afraid that by beginning to liquidate or take radical restructuring action they will establish a market clearing price and a benchmark for the rest of their portfolio – which could trigger a loss spiral and more write-downs. This is restricting markets from finding a natural bottom and cultivating an environment of stagnation where prices are sticky.

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