Default Could Tarnish US RE Market's 'Safe Haven' Status

Law360, New York (October 15, 2013, 7:39 PM EDT) -- If Congress fails to reach a debt ceiling deal this week, the impact of a potential default on the value of the dollar could remove the U.S. from the top of the world's list of safe places to invest in real estate for the foreseeable future, attorneys say.

House Republicans floated a new plan late Tuesday that would raise the debt ceiling and reopen the government while adding some exemptions to the Affordable Care Act, but the planned vote died by the end of the workday,...
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