Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON, DC-At the last session held at the Urban Land Institute’s
 annual conference last week, former Federal Reserve Bank chairman
Donald Kohn ticked off the many headwinds still facing the US economy:
consumers are saving and not spending; banks cannot lend at the levels
government would like because the demand is simply not there; the
recession proved to be deeper than many had initially thought; and,
finally, the worst problem of all–the ongoing overhang of housing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.