Cover Story: Global Economic Forecast

Real Estate Forum chose a critical moment to convene some of the nation’s top business economists for a roundtable discussion. It was mid-December, and the implications of QE2 were on the minds of most market watchers, while the US Congress, chastened by the implications of the recent election, searched gingerly for middle ground on the question of Bush-era tax cuts and ways to keep the sluggish engine of recovery from sputtering out. Our team of experts took all of this into consideration as they mapped out what all agreed would be a long and winding road to full recovery.

PARTICIPANTS

Mark Obrinsky
Vice President of Research and Chief Economist
National Multi Housing Council
Washington, DC

Joseph Gyourko
Martin Bucksbaum Professor of Real Estate and Finance and Business and Public Policy
Wharton School
University of Pennsylvania
Philadelphia

Hessam Nadji  
Senior Vice President and Managing Director, Research and Advisory Services
Marcus & Millichap Real Estate Investment Services Inc.
Encino, CA

Dean Maki
Chief US Economist
Barclays Capital
New York City

Raymond Torto
Global Chief Economist
CB Richard Ellis
Boston

Diane Swonk  
Chief Economist and Senior Managing Director
Mesirow Financial
Chicago

Mark Zandi
Chief Economist
Moody’s Analytics
West Chester, PA

MODERATOR
John Salustri 
Content Director
ALM Media’s Real Estate Media Group
New York City

Read what these experts had to say in the January 2011 issue of Real Estate Forum.