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CRE report: Polarization top issue affecting real estate

 

CHICAGO – Aug. 7, 2017 – Political polarization and global uncertainty lead the list of current and emerging disruptors that are expected to have the most significant impact on real estate in 2017 and 2018, according to The Counselors of Real Estate® (CRE) in their latest "The CRE® 2017-18 Top Ten Issues Affecting Real Estate."

CRE's top ten issues affecting real estate this year

1. Political polarization and global uncertainty

2. The technology boom

3. Generational disruption

4. Retail disruption

5. Infrastructure investment

6. Housing: the big mismatch

7. Lost decades of the middle class

8. Teal estate's emerging role in health care

9. Immigration

10. Climate change

A breakdown and explanation of each risk is listed on CRE's website.

CRE, established in 1953, is an international group of professionals that includes real estate, financial, legal and accounting firms, as well as leaders of government and academia. Membership is selective and extended by invitation only. The organization's CRE (Counselor of Real Estate) credential is granted to all members, and only 1,100 people in the world hold it.

In a speech, at the National Association of Real Estate Editors' annual conference in Denver, Scott Muldavin with CRE said that many of the issues are interconnected and reflective of both global uncertainty and seemingly relentless disruption in the economy and multiple real estate sectors.

However, Muldavin also said that opportunity is embedded within every issue on the list.

© 2017 Florida Realtors

 

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