A closer look at expectations for 2012. Previous posts discussed how government oversight has emerged as the most impactful issue for CRE, and now we want to take a break from government, and offer some predictions for CRE and its drivers in this pivotal election year. As always, our approach is fact-based, using independent research to develop realistic predictions relevant to the economy, capital markets and alternatives, and commercial real estate. Read more »

Ides of March. In keeping with the March 15th date, we want to discuss the need to assassinate the idea that there is nothing positive or beneficial about government oversight of the financial system that supports CRE. The issue of how much government involvement is appropriate has been part of the national conversation since the Great Depression, and the argument has intensified with recent events, especially the Great Recession caused by the 2008-2009 financial crisis, which is still being felt today, despite some modest signs of recovery.

What is the Great Debate? The root causes and aftermath of the Great Recession have fueled a Great Debate, with one side arguing that more government oversight is essential to prevent the next crisis, and opponents fervently insisting government needs to take a step back and let the free market generate economic growth. The worst of the financial crisis may be behind us, but the government remains fixated on overhauling the financial system, and the election has brought the good, bad, and ugly aspects of the debate to the foreground. Read more »