Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Mall-Oleums
Remember when Malls were the place to go and for a while people avoided them because they were too crowded!
Can you recall when the walkways of malls were filled with Bustling Kiosks and shiny model cars?
Those days of successful franchises filling the spaces is long gone and malls are soon to be Ghost Malls in certain areas and demographics. (i.e. Rolling Acres Mall... What a Disaster...)
For the last 20 years, the American consumer has carried the burden of the world on its broad shoulders. A heavy yoke, to be sure, but one that steroids made lighter; the steroid of choice for American consumers was debt. Home equity loans, cash-out refinancing, credit-card debt, and auto loans. It’s been a wild ride, but the it's over. The pseudo-wealth created over the last 20 years has begun to unwind, and will increase in speed in 2009.
A permanent psychological change has since occurred. American consumers have lost $30 trillion in value from their homes and investments in the last few years. No amount of fiscal stimulation will reverse this trauma, and the consumer’s subsequent retrenching will be felt from Des Moines to Shanghai. Consumer spending has accounted for 72% of GDP; ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention