THE DOLLAR'S REBOUNDING
Last week's national GlobeSt.com Quick Poll asked readersif the value of the dollar is in fact starting to rebound. A littlemore than half of respondents said there is a lot more pain aheadfor American currency. Michael Stein, managing director for AztecGroup Inc. in Miami, spoke with GlobeSt.com about the way thechanging value of the dollar effects commercial real estate inSouth Florida:
"I think it's a temporary blip, and I don't think it'sindicative of the overall commercial market in South Florida. Thestrengthening of the dollar is not indicative of a rebound in thecommercial real estate market. We will see further declines in themarket that are driven by the global capital markets and the lackof liquidity in the market.
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