05.05.2011 - Obama seeks to accelerate sales of surplus real estate
The real estate market may be in a slump, but few sellers have it tougher than the federal government. The nation's biggest property owner, the U.S. government has 14,000 office buildings, warehouses and other properties that have officially been deemed unneeded. Yet speedy disposal historically has been stymied by layers of red tape, political interference and bureaucratic inertia (not to mention the dread of packing and moving). On Wednesday, the Obama administration proposed creating an independent commission to streamline the process of physically downsizing the federal government..............................................Full Article: Source
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