Job losses factor into CRE slide:

08/11/2009 | American Public Media/Marketplace

The troubled commercial real estate market is expected to dominate the agenda when the Federal Reserve meets this week. But a recovery is not expected in the near future. The commercial real estate market "is very dependent on jobs and as jobs continue to be lost, the demand for real estate also is declining," said Professor Susan Wachter at the Wharton School.

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