[quote=Rt.66]If I could find a common thread amongst buyers I would guess that they believe this is just another recession and NOT GD2 or a Japan style deflationary lost decades.
So let’s verify it with 2 more Questions:
1) Do you believe the “Green Shoots” PR and think we are at the end of a recession and NOT in the eye of a depression storm?
2) If so, then why do you believe this is just another run-of-the-mill recession and RE cycle?
Great responses, keep ’em coming.[/quote]
I do not believe we’re in the “Eye of a Depression” storm. While it’s certainly been a more severe recession than anything since ’82, it appears to me that the “PR” as you call it, is more right than wrong. I don’t believe there will be another collapse. In any case, I’d rather be a homeowner if a GD2 DOES come along.
I can tell you that at least in my business (global pharma and medical devices) we ARE seeing upticks, and our hiring freeze has been lifted.