haloscan?

Fast-forward 15 years, and these long vacant wearhouses will be rebranded the New Luxury Lofts, priced at the mid-to-high unaffordables.

--bh

supafly73 --

Nemo is cheating, using somekind of cool article detection program and thousand or two pre-written comments to be the first.

Correct except for the pre-written comments part. (Although my comments may seem pre-written since I only have 3-5 seconds to come up with them.)

The Inland Empire is breaking up so fast we should change the name to the Holy Inland Empire.

As commercial real estate collapse so will the Life Insurance Companies.
If you have cash value in a life policy, GET IT OUT NOW!!

Feb. 3 (Bloomberg) -- Corporate debt defaults may cost U.S. life insurers “substantially” more than losses on securities linked to subprime, Alt-A and commercial mortgages, said Eric Berg, an analyst at Barclays Plc.

Insurers’ Corporate-Bond Losses May Exceed Subprime (Update3) - Bloomberg.com

Whoa, Frazier, pal, wait for the fight to start.

I bet the air-cargo traffic thru Ontario is in the dirt. The giant concrete shipping hubs surrounding it are all empty. Maybe it'll clean up the air some....less flights in and out.

Haloscan double post, sorry

There are empty warehouses in the inland empire?

Nostrovia,

We need to import more stuff so that we can put those warehouse workers back to work. Hopefully the Economic Simulation bill covers that.

BNostrovia,

MS,

There is a difference between being out of bullets and out of guns. They are now out of guns, but have bullets everywhere.

--bh

HOG puking out 600m in unsecured notes.....oh I'd buy that.....

for a dollar.

Ciao
MS

Rob Dawg,

I see your decade and raise you two decades.

A pleasure as always when you're at the table.

--bh

"The donut shops and truck dealerships existed only to feed and move construction workers to their jobs on roads past schools full of ttheir kids funded by property taxes and builders fees."

The SBUX in East Temecula opens at 4:00am to facilitate all those workers who will be losing jobs now and will no longer have to commute.

Ciao
MS

s0mebody writes:
Fed extending programs...

There is nothing more permanent than temporary government programs.

Or, there is nothing more temporary than government.

--bh

somebody-

The actual repo's have stopped...not one done this year at all yet. They just made them permanent with yet another amalgamation of letter's.

At least the permanent 'temporary' programs have stopped.....it was a farce really anyway as there's nothing temporary about throwing $20-40b at the market each and every day.

Ciao
MS

misean-

I looked at props. out there in '02-03 and they were overpriced (IMO) then. Something struck me as odd when I saw that (SBUX).....I saw it just the other day when I stopped on my way to Palm Springs...still opened at 4:00am.

Ciao
MS

MS,

I read Denninger's piece on the Fed intentionally draining liquidity last year to scare people into treasuries so that the gov't could float all the new issues at a decent rate. Is this the correct view in your opinion?

MS,

Well, speaking of Palm Springs...Egad! There half of December...lot's of Bando space.

Sort of a concentrated Las Vegas out there.

Nostrovia,

HOG is dead company walking.  They've built enough in the last ten years to meet true market demand for the next 20.  The nation is awash with low mileage garage queens.  When the economy goes south the Harley goes first.  Check any metro craigslistings for motorcycles. 

IMO anyone buying long term notes is going to regret it.
MS | 02.03.09 - 10:21 am | #

That's not opinion that's a stone cold certainty. 

that why they call it an opinion dawg...

Ciao
MS

If only you had read the article to the very end, you would see that everything will be all right:

With property prices and rents coming down in the Inland Empire, some shippers will find opportunity, said Mike Fox, chief executive of Rancho Cucamonga trucking company Fox Transportation. His business is down about 5%, but he's philosophical about changes in the economy.

In the meantime, hope your basis is low enough to break even with a tenant a $0.25/sf/month.

dead thread so what the hay?

New York: Brando movies from the 50's.

Riverside County: Zappa songs from the 60's.

I ought to get out more.

This is actually good news for the companies like mine that are still viable. The increased vacancy rate will translate into decreased rent. For the last 6 years we had to compete for space with companies that had no long term viability and should have never been occupying industrial space in the first place.

It is kind of similar to the residential bust in that the occupants who could never afford their houses in the first place are now leaving them to those of us that can, at much more reasonable prices.

In WA state "Inland Empire" refers to the Spokane area