CAP en Español
Small CAP Banner

Double-Bubble Trouble in Commercial Real Estate

    PRINT:
  • print icon
  • SHARE:
  • Facebook icon
  • Twitter icon
  • Share on Google+
  • Email icon

Josef Ackermann, chief executive officer of Deutsche Bank AG, summed up the debate over the global economy at a meeting I recently attended: It’s either the beginning of the end or the end of the beginning.

In taking stock of the economic slowdown, most economists have their eyes on the U.S. residential housing market. Many of those expecting further declines are focused on rising foreclosures and falling home prices, which according to the S&P/Case-Shiller Composite-20 City Home Price Index are down 12.7 percent from a year earlier.

Read more here.

To speak with our experts on this topic, please contact:

Print: Katie Peters (economy, education, poverty, Half in Ten Education Fund, women's issues)
202.741.6285 or kpeters@americanprogress.org

Print: Tom Caiazza (foreign policy, health care, LGBT issues, gun-violence prevention, the National Security Agency)
202.481.7141 or tcaiazza@americanprogress.org

Print: Chelsea Kiene (energy and environment, Legal Progress, higher education)
202.478.5328 or ckiene@americanprogress.org

Spanish-language and ethnic media: Tanya Arditi
202.741.6258 or tarditi@americanprogress.org

TV: Rachel Rosen
202.483.2675 or rrosen@americanprogress.org

Radio: Chelsea Kiene
202.478.5328 or ckiene@americanprogress.org