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Could a Recession Be the Reset South Florida’s Real Estate Market Needs? | Daily Business Review – Law.com

South Florida real estate leaders are seeing some advantages to the current recession, calling it a required reset to predict better pricing, level the supply chain, and filter the marketplace between the haves and the have-nots.

Rishi Kapoor, CEO of real estate development and investment firm Location Ventures in Coral Gables, believes the recession will bring prices to a more steady level and believes recessionary conditions will be rather mild.

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