A white paper by the National Association of Realtors predicts a recession and a slowdown in the housing market.
"The National Association of Realtors has released a white paper that forecasts an economic downturn that will likely last through the next two quarters, and 'have enormous implications for the nation?s real estate markets.' The report, Attack on America, Economic Consequences for the U.S. Real Estate Markets, confirms what most economists have already noted; that the recent terrorism was the proverbial straw that broke an already wobbly camel?s back, and that a recession is likely. However, the report also emphasizes that recovery should begin by the end of the first quarter of 2002."
Thanks to Abhijeet Chavan
Read the full story: More consequences to come
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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FREE Course: Walkable City 1: Why Walkability?
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City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
Montrose County
The Pocatello Development Authority