It’s been a brutal year for real estate in the United States. After posting historic gains from 2000 to 2005, the housing market has seriously deflated. Demand falters while inventory remains high and U.S. home prices are falling at rates not seen since the 1930s. How bad can this situation get? The 2008 Milken Institute Global Conference convened a panel of experts headlined by Sam Zell. If you have questions about the future of real estate in the United States, you can’t affor…
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