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Article: Slow Real Estate Market Forecast Into Mid-1990s;Houston Offers Best Potential, Study Shows
- Article from:
- The Washington Post
- Article date:
- June 16, 1990
- Author:
CopyrightThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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The Midwest, California and the Southwest will see the biggest
increases in real estate investment in the next two years, leading
real estate executives and economists predicted in a new study.
The specialists, however, see a sluggish real estate market
overall through 1995, citing recent overbuilding as the major
detriment. They expect the market to grow more slowly than the
consumer price index in the first half of the decade.
The experts also expect a decline in available capital,
including foreign investment. Some respondents see a catastrophic
impact on real estate from the savings and loan crisis, but others
believe the worst already has occurred.
The nationwide survey, mailed ...