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Wharton's Wachter on RE Market

Started by malthus
about 15 years ago
Posts: 1333
Member since: Feb 2009
Discussion about
http://knowledge.wharton.upenn.edu/article.cfm?articleid=2625 "I think first of all, it does depend on job growth. We could be surprised. We could have job growth. Clearly corporate profits are up. At some point there is going to need to be a move on hiring and that will be the bellwether for the housing market to recover. In the meantime, as long as interest rates remain low, I think we are finished with this plunge -- this downward plummeting of crisis. So we are bouncing along the bottom, and if you are an investor there are very potential profitable opportunities in the multi-family sector out there."
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