investors bun U.S. real estate funds are worried about their investments: With the threat of failure in the
loans worth 700 billion dollars. About half of the
loans is at present poorly - that is, the borrower
owes more money than his property is worth.
A U.S. congressional committee believes that almost half of the loans - wiggle - 700
billion dollars. The consequences for the economy would be fatal:
40 per cent of U.S. banks could threaten the bankruptcy.
The current world economic crisis triggered private American Home Loans
of which had been granted generously in times of real estate boom and at the end of
the creditors could not be served. The sum amounted to
only the risky, so-called "subprime" loans in the U.S.
: 600 billion dollars (according to the latest figures from current
2007). is
empty offices
In the commercial property it is now a very similar amounts. As the market grew
homes, restaurants, shopping centers, office buildings, apartment complexes and hotels
in record quantities were established. Between 2010 and 2014
are the loans for the construction boom now due, a total of 1.4 trillion dollars (in contrast to
personal loans business loans are not repaid monthly in the U.S.
, but are due at maturity).
"About half of the loans is at present poorly - that is, the borrower owes
more money than their property is worth," says
a recent report of the Audit of the U.S. Congress, which deals with the
State Bank aid busy. Analysts at Deutsche Bank
expected even with the fact that 65Prozent the upcoming mortgage refinancing
are impaired. There
for the disastrous development There are several reasons: first, the
commercial properties since 2007 about 40 per cent lost their value. Add to this the tight rental situation
: "Eight percent of the residential units and 18 percent of
office buildings are empty," the committee. And if you can rent, then
with only massive discounts: In recent years, rents fell by 40 per cent for
offices, those for retail space by 33 percent. It therefore lacks
simply the money to service the loans. In the end, banks are left in particular
: From 2011, they face credit losses of EUR 200-300
billion. What effect this will have is to anticipate.
because of "stress" test, which the government undertook 19 major banks,
take into account their financial situation only through 2010. Small and medium size banks
were not ever subjected to a stress test. And they are
it, financed primarily commercial properties.
investors bun U.S. real estate funds are worried about their investments: With the threat of failure in the
loans worth 700 billion dollars. About half of the
loans is at present poorly - that is, the borrower
owes more money than his property is worth.
A U.S. congressional committee believes that almost half of the loans - wiggle - 700
billion dollars. The consequences for the economy would be fatal:
40 per cent of U.S. banks could threaten the bankruptcy.
The current world economic crisis triggered a private American loans
house that had been awarded generous in times of real estate boom and at the end of
the creditors could not be served. The sum amounted to
only the risky, so-called "subprime" loans in the U.S.
: 600 billion dollars (according to the latest figures from current
2007).
is
empty offices
In the commercial property it is now a very similar amounts. As the market grew
homes, restaurants, shopping centers, office buildings, apartment complexes and hotels
in record quantities were established. Between 2010 and 2014
the loans for the construction boom are now due, a total of 1.4 trillion dollars (in contrast to
personal loans business loans are not repaid monthly in the U.S.
, but are due at maturity).
"About half of the loans is at present poorly - that is, the borrower owes
more money than their property is worth," according
it in a recent report of the Audit of the U.S. Congress, which deals with
State Bank assistance. Analysts at Deutsche Bank
expected even with the fact that 65Prozent the upcoming mortgage refinancing
are impaired.
for the catastrophic development, there are several reasons: first, the
commercial properties since 2007 about 40 per cent of its value lost. Add to this the tight rental situation
: "Eight percent of the residential units and 18 percent of
office buildings are empty," the committee. And if you can rent, then
with only massive discounts: In recent years, rents declined for
offices to 40 per cent, while those for retail space by 33 percent. It therefore lacks
simply the money to service the loans. In the end, banks are left in particular
: From 2011, they face credit losses of EUR 200-300
billion. What effect this will have is to anticipate.
because of "stress" test, which the government undertook 19 major banks,
take into account their financial situation only through 2010. Small and medium size banks
were not ever subjected to a stress test. And they are
it, financed primarily commercial properties.
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"Very, very serious problem"
"We have 2988 banks that have a dangerous accumulation of these loans "said the chairman of the Audit
, Elizabeth Warren,
this week in an interview with U.S. broadcaster CNBC. That is about 40 per cent of the total
7560 registered U.S. banks. Warren: ". We have a very, very serious problem
"
As if this situation alone is not bad enough, economists
register a renewed decline in the private consumption in the United States whose
GDP to 70 percent depending on the mood of consumers. Although the savings rate
from a record high of 6.9 percent in May 2009 declined to 3.1 percent.
you but rose again to 3.4 percent in March 2010.
to decline in the second half of 2010 should also contribute to the phasing out of state
programs - such as the "Home Star" program promotes the thermal rehabilitation
and sharing of household appliances.
not to speak of the public finance problems. The British historian Niall Ferguson
warned in the journal "Foreign Affairs" rising from the
Debt: If there are not massive savings to the U.S. in 2019
already spend 17 percent of its budget revenues for debt service
.
By comparison, for the largest chunk budget, defense, contact the U.S.
to 23 percent.
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