The National Real Estate Investor has an article discussing whether the recent Base Closures are creating a Real Estate Boom or Bust.  We discussed the exact issue in an article about the possible Ventura County Base Closure. 

Here is an excerpt from the NREI article:

With the Department of Defense shutting down military bases across the nation, commercial real estate developers are investigating potential redevelopment sites. As many as 33 major bases will be closed while another 29 bases will be “realigned,” which in military shorthand means they will absorb more staff. Meanwhile, the shuttered bases should save the government a whopping $50 billion over the next 20 years.

To read the full article, click here.