DENVER-Glenn Mueller, investment strategist for Legg Mason's real estate securities, predicts the current real estate downturn will be short-lived. Mueller was keynote speaker at the recent Expo 2001 Rocky Mountain Commercial Real Estate and University of Denver Economic Forecast.
During the next decade, the real estate cycle will benefit from national population growth of 2.4 million people per year.
To put that into perspective, that is the equivalent of adding a new Denver metro area every year.
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