Infrastructure in the United States is at the top of the list of concerns of real estate professionals as identified by Chicago-based consultancy Counselors of Real Estate’s Top Ten Issues Affecting Real Estate report. The CRE announced the results during the keynote address at the National Association of Real Estate Editors’ annual conference in Austin, Texas.
“Inadequate infrastructure creates a hard ceiling to economic development, and real estate values are tied to sustainable growth,” says Julie Melander, CRE, 2019 chair of The Counselors of Real Estate. “The U.S. must invest in infrastructure to compete globally, but right now it is lagging other nations on infrastructure investment.”
The report highlights that roads, bridges, tunnels, railways, airports, the power grid, water systems, and levees are giving way with greater frequency.
“Counselors have first-hand experience with international commerce and the investments that
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