Tragedy in Japan Adds Another Layer of Risk

The most important impact of the tragedy in Japan is of course the human toll. With thousands of victims and displaced individuals, the impact will take time to fully assess. Assessing the economic impact is also is a moving target given the unknown outcome of the nuclear power plant disasters. However, assuming the direct and indirect worst-case scenarios are avoided, the global economic recovery may be challenged but should continue. Relief and reconstruction efforts, including international aid, will be positive humanitarian and economic factors that could have many lasting benefits.

What will the crisis in Japan mean for real estate investments in the United States?