X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Milton Ezrati of Lord AbbettThe press and the investment community have made much of the good news on housing lately. Certainly the recent upturn in sales, construction and real estate prices is welcome. But if the 1980s housing bust is any guide, popular references to the sector’s strength and imminent recovery grossly overstate the case. The 1980s experience suggests housing will recover only slowly. Residential real estate may well have turned a corner, but major gains and price recovery will likely wait for some time.

Dig Deeper

T&R Express

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.