Will QCRE kill commercial real estate??

Commercial Real Estate Investing Forum 16.9K Posts 2.5K Discussions

What does everyone think?? If this passes it could really kill a recovery and would make a great reason along with low interest rates to buy as much as you can as fast as you can now before it goes into affect.

http://www.realtor.org/commercial/commercial_podcasts/armstrong_0611

Medium allworldrealtyJoel Owens, All World Realty | [email protected] | 678‑779‑2798 | http://www.AWcommercial.com

If that bill were to pass it would have severe consequences. Who in their right mind would even consider implementing a rule where a business had to service the debt with a DSCR of 1.7?

That's not even close to practical, let alone realistic.

Whos great idea was this?