Small business owners could see a glimmer of hope in this rough economy in the lower values of commercial real estate, but only 6 percent have purchased property during the last two years, according to the CIT Small Business Commercial Real Estate Study. In fact, more than half reported that they havenb t even thought about purchasing commercial property. Still, another 28 percent do think investing in real estate presents a b greatb opportunity.
Some of these small business owners still face financial anxiety, as they canb t purchase real estate when they canb t afford the down payment for a loan. Small businesses are important to the overall economy as they employ about half of all private-sector workers.
You can learn more about the studyb s results on Market Watch, and then share your thoughts by leaving a comment. Are you a small business owner? How do you view purchasing real estate in the current economy?
Image: The Entrepreneur Blog
Tags: business owners, commercial real estate, investment, lower values, property
