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The end of the decade approaches and the next couple of weeks will be filled with stories about what a lost ten years it´s been-from Enron and 9/11 to Iraq and the credit meltdown. In real estate, we didn´t create much-except for a lot of overpriced condos and half baked Las Vegas hotels, but we sure bought, financed, and sold a ton of properties, which generated a bank vault of fees off values that weren´t really there. In the end property prices head back down to about where they started the decade, well maybe they´ll be a bit higher for premium properties. And the bloat of middlemen brokers and dealmakers has been deflated.

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