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By Wentworthst (anonymous) | Posted January 21, 2011 at 03:22:02
> 2009 - $194 million commercial with $692,402,386 total vs. 2010 - $163 million commercial of $1,096,299,091
IMHO, the heart of the problem shows in the 2nd column anomaly.
In a huge trend upwards, the commercial # is wrong to be down; everything else was not only up from a bad 2009, it was historically impressive.
That is the credit-freeze problem I rant about; its not just residential or "downtown", lenders don't like the city for commercial loans.
All our troubles lie in our image, not reality.
Comment edited by Wentworthst on 2011-01-21 03:22:47
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