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Fall in US real estate forecast

Language: English Series: Financial Times ; 21 September 1991, 10(1)Publication details: 1991Subject(s): Summary: The chairman of Citycorp, America`s biggest bank, has predicted that the value of US commercial real estate will have dropped by 30% from its peak in the late 1980s before the market bottoms.

The chairman of Citycorp, America`s biggest bank, has predicted that the value of US commercial real estate will have dropped by 30% from its peak in the late 1980s before the market bottoms.