The cautious optimism that defined the first half of 2011 seems to have quickly eroded as recent economic reports point to a stalled economy. Many economists are now seriously talking about the possibility of a double-dip recession, something that the majority had ruled out only a few months ago.
Debt troubles in Europe, costly political gridlock in Washington, and lackluster employment numbers have ratcheted up the fear of another economic downturn.
We thought we would pose the question to our readers to gauge the confidence level of commercial real estate professionals. Feel free to leave reasons or explanations for your answer in the comment section. We will post our findings next week along with some of your comments.
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