The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Friday, September 18, 2009
Predictions for slow economic growth now through 2011
Economist Jack Kern is generally quite optimistic about the U.S. economic outlook, saying there are a lot of signs for growth. He cites America's ability to innovate as a key method of job creation. He says "remember, while unmployment is high, the economy is still functioning at a high level and sustaining growth in many areas." He does not see inflation as a problem in the next 18-24 months and, he points to apartments as a stable asset class. Read more > > >