Sentences with phrase «massive real estate losses»

Gordon's family members have taken his warnings to heart, eschewing home ownership to avoid the coming massive real estate losses.

Not exact matches

In many cases, this meant massive inventory, real estate and technology losses — all of which had to be covered by the companies themselves.
«The stress is moving from residential mortgages that are still in deep trouble, to commercial real estate, where they are just starting to recognize that they're going to have massive, massive losses,» Mr. Roubini of RGE Global Monitor told reporters after a presentation for a World Economic Forum report on the global financial system.
New research released by the Ontario Real Estate Association (OREA) says the city's Municipal Land Transfer Tax is causing «a massive loss of economic activity in the City of Toronto and a corresponding loss of thousands of jobs.»
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