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Los Angeles
Fifty-four percent of respondents believe Los Angeles is a good place to buy retail properties right now, while another 33 percent advised existing owners to “hold.” Many industry insiders believe that the multifamily and retail sectors are the most under-supplied in Los Angeles today, PwC/ULI researchers note.
Austin, Texas
Sixty percent of respondents view Austin as a place to buy retail right now, and another 36 percent would hold onto existing assets. “Austin may well be a market where the growth in population leads to the need for new retail centers,” the survey’s authors write.
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