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Cornell Real Estate Review

Abstract

[Excerpt] As real estate professionals confront the current economic downturn, they are devoting more attention to interpreting evolving demographics, consumer preferences, and public policy in order to identify emerging trends and opportunities in real estate. Trends frequently cited include sustainability revolving around infill strategies like smart growth, and transit oriented-development (TOD).1 While analysts often cite smart growth and transit oriented development as new strategies for sustainable real estate development, they are not new concepts.

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