Real Estate Economists Forecast Slower Economy, Not Recession
/Odds are fairly low that the historically long U.S. economic expansion ends in recession by 2021, according to the Urban Land Institute’s latest real estate economic forecast.
Panelists detailing the findings during a ULI webinar put the probability of recession between 30% and 40%. Instead of recession, economic growth likely will slow over the next couple of years, the semiannual survey of 41 economists at 32 real estate firms found.
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