Real Estate Economists Bullish About US Economy & Commercial Real - TopicsExpress

Real Estate Economists Bullish About US Economy & Commercial Real Estate - excerpt. Ray Torto and Doug Poutasse, both respected economists, told an audience of Counselors of Real Estate that the country is experiencing a stable growing economy which bodes well for commercial real estate. Workforce housing continues to be a need and a driver in many markets. We see this in San Francisco where the tech business has created new jobs and a new supply of housing stock is currently under development. A coming trend is institutional investment in infrastructure. Todays technology and lower capital costs should make it easier to build large scale infrastructure. Poutasse said to predict where real estate growth will be is to track the cities experiencing job growth.

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