Would you bet against this man?


I won't. Sam Zell predicts a spring recovery in the housing market.
Is he right? Only time will tell, but again, I don't bet against Zell.

How does this bode for commercial property? I think it'll likely be good for retail because rooftops mean a lot. The apartment sector? Not so much. And to be honest, I am not sure whether that will impact office or industrial, so just watch and see like I will, or give me your own predictions.

UPDATE: if you want a great analysis of the residential perspective, read Jeff Brown's take.

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