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NO COMMERCIAL REAL ESTATE CRASH AHEAD, ZELL SAYS

November 11, 2009

While much of the financial community is holding its breath waiting for the commercial real estate market to implode, legendary real estate investor Sam Zell said predictions of a precipitous crash are way too pessimistic. "Real estate is always a function of supply and demand," reminded Tribune owner Sam Zell. He attributes the current decline in commercial real estate prices to a "demand ...



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