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Our economic outlook has changed little over the past two years. Following the severe recession ending 2009, we have worked
with the expectation that the overall economy will follow a bumpy and slow path with a positive trend. The recent path
has certainly been bumpy, but the positive trend holds true. Our current expectation is that this pattern will continue as the
environment stabilizes.
One of the most interesting suggestions might be the idea that US commercial real estate is inexpensive on a relative basis. Early
in 2011, some people, who watched core cap rates decline, made the claim that...
Nội dung trích xuất từ tài liệu:
AN INTRODUCTION TO REAL ESTATE INVESTMENT ANALYSIS: A TOOL KIT REFERENCE FOR PRIVATE INVESTORS
