Loading ...re Real Estate….same here…was told by someone who used to value commercial real estate, now retired but still in contact with old colleagues….quote they have NEVER seen it this bad ……
When yields were damn all she told me loads of people were trying to use Real Estate as a yields producer for funds…she refused to get involved, as she knew how illiquid it was in healthy times, let alone bad ones……I bet there is a chunk of money locked in around the Globe.
PS then they elect commie cretins as Mayors, see London and NY.
Re Bonds….looks like they managed to wake up the Postmaster up in that Belgian town, with 100 people and once he sobered up, after a 4 hour lunch, he started bidding …!!!!!