PropertyEU

Credit crunch, but no credit crisis, says DTZ

By A staff reporter 2007-10-10T00:00:00

While the current credit crunch has produced a slight downturn on the real estate markets, it is not comparable to the long term downturn seen in 1979 and 1983, said Joe Valente, speaking to PropertyEU at EXPO REAL in Munich. 'The other extreme is that we see investors sitting around ...

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