Liquidate, close all stores, lay off 12,000 people. Brick & mortar meltdown.
Insider view on how to deal with the Housing Crisis in California.
“We are faced with weekly tenant bankruptcies, defaults, and requests for rent or space reductions.”
Vitamin World to file for bankruptcy, Perfumania Holdings just filed. And Toys R Us… All in just two weeks.
The winners and losers.
In Chicago, an inconvenient math is setting in.
Their buying binge in the US goes into the “Contrarian Indicators” category.
This baby is going down the tubes at an ever faster speed.
As long as local officials strangle housing starts, the mirage of affordability will be pushed further toward the distant horizon.
What happens to prices when the biggest, reckless buyer walks away?