Amid a deepening international credit crisis and a rapidly decelerating global economy, global real estate markets are feeling the real-time effects of a tightly interlinked world that remains increasingly vulnerable. The markets have shifted from a virtuous cycle to a vicious cycle. The dramatically changing environment began with the U.S. subprime mortgage meltdown 18 months ago and then spread rapidly through the global financial system and now into all aspects of the economy.
Jones Lang LaSalle's industry leading experts share their insights and predictions on the current state of the global economy. Click here for a full report.
Friday, October 10, 2008
An expert opionion on the credit crisis
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