Tip O'Neill, the former speaker of the US House of Representatives, once famously said, “All politics is local.” And so is the real estate business, according to the conventional wisdom. At the Pension Real Estate Association conference in Washington DC, held in late October, the nexus between real estate and politics was on full display.
Capital gains
Although the theme of the fall 2006 PREA conference was Back to Basics, delegates found the current state of the real estate industry anything but. By Alison Granito