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Tough Time" Musings

I had meeting last week with the head of real estate for a household-name institutional investor which is a big player in the international markets. He likes Brazil. Another executive who works under his umbrella favors India. U.S. real estate will be an opportunity play eventually, they say, but its...

By Jonathan D. Miller | Updated on August 31, 2009

I had meeting last week with the head of real estate for a household-name institutional investor which is a big player in the international markets. He likes Brazil. Another executive who works under his umbrella favors India. U.S. real estate will be an opportunity play eventually, they say, but its outlook is too murky in the short-term to jump in right now. So is this a bit of a come down for U.S. property markets? Brazil and India, two so-called emerging markets, look like better plays and the U.S.A., the world´s greatest economy and only self-styled superpower, is hands off. How high the mighty

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