Witnesses

Desmond Lachman, Ph.D.
Resident Fellow
American Enterprise Institute

Anthony Sanders, Ph.D.
Distinguished Professor of Real Estate Finance
George Mason University
Senior Scholar
Mercatus Center

Mr. Douglas J. Elliott
Fellow, Economic Studies, Initiative on Business and Public Policy
Brookings Institute

Mr. Joshua Rosner
Managing Director
Graham Fisher & Co.

Mr. Bert Ely
Principal
Ely & Company, Inc.