AM/UCLA Anderson Forecast - Survey Results Reveal Tension between Developer Sentiment & Action

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Industry sentiment for the office sector three years out, while still optimistic, shifted downward from six months ago. This, however, may reflect developers' concerns over the looming fiscal cliff, as the survey was taken in November 2012. Projects coming out of the ground, as well as those in the pipeline, could prove forecasters wrong in 2013 and beyond.