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Livingston Calls Commentators' Recession Talk 'Claptrap'

ORLANDO-"There are no signs of a real estate crash, not even in markets that are by every sane measure overbuilt," George Livingston, Florida chapter president of Paris-based FIABCI International and president of Realvest Partners Inc., tells GlobeSt.com.

By Alex Finkelstein | Updated on January 22, 2001

ORLANDO-Real estate investment analyst George Livingston is, by personality, a quiet-spoken individual. But his blood-pressure rises every time he reads or hears commentators and columnists alluding to a national recession in both the economy and the commercial markets.

“There are no signs of a real estate crash, not even in markets that are by every sane measure overbuilt,” Livingston tells GlobeSt.com. “What is occurring is a soft economic landing on a sky-high plateau.” He argues “neither the Dow Jones nor the S&P are down sharply.”

Livingston spoke with GlobeSt.com after returning from London where he attended a European Real Estate Opportunity Fund investing seminar. The founder/president of Maitland, FL-based Realvest Partners Inc., he is also Florida chapter president of Paris-based FIABCI International, the world’s largest corporate real estate network.

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