Lenders' Insatiable Appetite for Commercial Real Estate
Coming Technology Wave to Sap Real Estate Values | by Tom Hoban | Coast Group's Tom Hoban writes about the role of technology and changing consumer habits in driving economic and labor market outcomes. Hoban explains that some of the changes will prove challenging:
The bad news is that, unlike the roughly 24-month jobless recovery period after the last much shorter recession, the efficiencies coming our way through the cloud and new emerging technologies inside it will be so significant that many economists are anticipating the longest jobless recovery in modern history.
Read the article at the Snohomish County Business Journal website.