Well, OK, yesterday. UNC-Charlotte economist John Connaughton on the local commercial real estate market:
I think we’re still delusional in (thinking) that Charlotte’s Charlotte, and we didn’t get hit hard. Well, we got hit hard. And it’s not getting better anytime soon.
Refusing to admit reality in the Queen City? Imagine that…
Update: Note how Connaughton himself has become more bearish over time.
