In his latest white paper, “Unprecedented Global Government Intervention,” NAI Global Chief Economist, Dr. Peter Linneman, discusses the dangers and pitfalls of an unprecedented wave of global government intervention taking place in capital markets. Citing historical examples, he demonstrates intervention only prolongs periods of stagnation and uncertainty. “In all, government activity is now deterring the very […]

The world’s economic problem is best summarized by the fact that while, for the past 20 years, Germany, Italy and Japan have been among the worst developed world governments in terms of providing a healthy environment for economic growth, today, Germany is by far the best in this regard – even though it is no […]

Europe’s sovereign debt crises are changing daily, yet are making little progress toward long-term solutions. The only questions are when, how and who will be left holding the bag?

No one deserves less forecasting credibility than the Fed. Over the last two decades, their macroeconomic forecasts have been among the poorest of any forecasters, despite the fact that they are the only forecasters who know macro policy decisions before they are announced.

Global Property Prices and Trends 2011.

A guide to business practices & customs in 60 countries.

What a difference a decade makes. It was just 10 years ago that:

Panic was rampant about the Y2K bug;
The Nasdaq closed at 5,048.62, its highest point before the dot-com bust;
AOL bought Time Warner for $162 billion…

Recently, a buyer said they would lease a property from the seller and spend money to improve the property in order to have more equity when they closed,” says Matthew G. Cravey, SIOR, CCIM, RECS, of NAI Cravey Real Estate Services in Corpus Christi, Texas. “The seller was so happy to see some cash flow come in and service his debt that it sounded like a great deal to him. That’s old school (what we used to do in the ’70s); we had owner financing and master leases.

The huge spillage resulting from the April 20 explosion on a BP oil rig in the Gulf of Mexico still has not been stanched, and some observers fear the accident will have a severe effect on tourism and fishing industries in the region. But NAI commercial real estate professionals in Alabama, Florida, Louisiana and Texas believe the accident will not have a material long-term impact on commercial real estate markets in the Gulf Coast states.

As noted earlier, we believe that 3 million to 3.5 million jobs a year will be formed in each of the next three years. In fact, this is roughly the rate at which jobs have been added since March 2010. However, this rate of job creation must be viewed in the context of the nearly 8.4 million jobs lost during the recently concluded recession, and the 1.8 million jobs normally added annually to the U.S. economy.