In startling alignment with James Howard Kunstler’s stark predictions, ULI’s 2012 Report, “What’s Next: Real Estate in the New Economy,” bubbly concludes: “The real estate world is hurtling into a different place and time. Change is coming at a faster pace with more uncertain consequences. Success will take on different forms and risks will increase. Standing pat or ignoring new realities is not possible. Notably, investment will gravitate to places that welcome business and view public investments — in education, infrastructure, and innovation — as prerequisites for progress and economic sustainability.”
February 13, 2012 | 12:01 am