Here's how real estate will radically change in the new decade

REUTERS/Peter Nicholls/File Photo Real-estate experts say that the current market is not in "a normal cycle." One chief cause of the luxury housing downturn in places like Manhattan is overdevelopment — there's a glut of new buildings and even more still under construction. Even in cities like Los Angeles and San Francisco, where the housing market is in better shape thanks to restricted development, "global and political uncertainty" have made buyers more wary than ever before. "When financia...