It’s not over till the fan lady sings. And she hasn’t sang yet. Wall street improvements mean nothing to the main street. Small business is still suffering because of lack of credit flow and also lack of enough customers as many Americans remain to be unemployed or underemployed.
Back in October 2009, according to bloomberg.com, the billionaire investor Wilbur Ross foretasted a “Huge” commercial real estate crash to be happening in US as American consumers are no longer the driving force behind the US and world economy as many are unemployment and underemployment continues to be biggest issue. Hence the small business in US will continue to suffer as many small business shops will close down or downsize, and will ultimately result in total crash commercial real estate industry.