Dave Roberts, Global Real Estate Economist (London)“As an asset class, real estate’s income potential, inflation hedging and higher yields should continue to be attractive, especially in times when investors have a profound fear of equity downside and bonds are paying such low yields. Nevertheless, real estate could suffer a short-term hit if the US does indeed plunge off the fiscal cliff.”
UBS Global Asset Management: Ramifications Of The Potential US ‘Fiscal Cliff’ Dominate Cyclical Market Forum
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