Thursday
Jul092009
Expert Urges Congress To Reject Tax Increase On Real Estate Ownership
Jeffrey DeBoer, President and CEO of The Real Estate Roundtable, urges Congress reject a tax increase on real estate ownership. He says this is a "bad idea given the state of the market," and would lead to an increase of taxes on general and real estate partners on all property types. (0:25)
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U.S. Financial System Can't Bail Out Commercial Real Estate Market, Says Expert
“The bottom line is this,” said DeBoer. “The current financial system in America simply can not meet the financing demands of the commercial real estate marketplace.” (0:33)
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