US may correct by 30% - JER Partners

By 2008-11-06T18:06:00

UNITED STATES - With the US entering the worst recession for 25 years, "the US real estate market may reprice by up to 30% following the correction of 10-20% that has already taken place," Michael Pralle, CIO and COO of US-based fund manager JER Partners, has told IPE Real Estate. ...

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