Who will purchase CRE when remote work isn’t going away?
The money supply is no longer being expanded. While this will eventually curb inflation it will also cause a Recession.
Are the "commercial real estate" market and the "residential real estate" market strongly coupled? Will any "crash" of the "commercial real estate" market significantly impact the "residential real estate" market?
Regards,
Housing for illegals. The Feds will use *our* tax dollars to fund it.
right now CRE is having a 50% off sale, but soon it will be 85%-90% off.
Increases in shipping container costs and supply chain problems will be hitting in March or April too... Biden’s latest hurrahs in destroying the American economy...
Big, filthy, mis-managed, crime ridden, over taxed, over regulated democrat cities hit hardest.
I guess nobody saw how the internet would cause the death of city business districts, particularly the financial sectors. Downtown used to be the place to make deals, meet movers and shakers, and get information, but no more.
With the loss of urban manufacturing, all that’s left is entertainment and government.
All the brain scientists dropped covid on the country just because they didn’t like the President.
Unintended consequences sent people back to the house to work from home. And those folks, for the most part, aren’t coming back.
These things tend to happen.
I can go shop in downtown Denver and get mugged or worse, or shop on line. Easy choice.
I agree with the man’s analysis.
The “soft landing” is a myth.
Great, and here I am carrying a mortgage on a small office building. Luckily, it’s an owner user and all payments have been on time for several years. At 5.75% they are probably happy as long as their business holds up, fingers crossed.
Call Brandon. Just forgive the loans.
Market share of commercial real estate investments in the United States from 2020 to 2022, by property type
In 2022 the breakdown was:
multifamily 41.6%
industrial 21.2%
office 16.2%
retail 12.5%
hotel 6.7%
other 1.8%
https://www.statista.com/statistics/789084/share-of-property-investments-usa-by-property-type/
Only office is in real trouble. Retail is largely back, except for dead malls. Industrial is doing fine. Hotel is full of wetbacks.
Not a chance. Tax payers will buy them all for hosting our new overlord illegal immigrants. Are we building millions of new homes for all these illegals each year? They demand the best and the tax payers will get them luxury homes and the demorats will make sure that happens.
The banks are going to have a field day. Repo the property, and make a fortune on refinance and new loans.
Hello San Francisco and New York City!
Load them up with invaders at the tax payers expence
I’m a thousandaire and I knew this was coming in 2020.
One possible scenario for the next year:
The “powers that be” are holding their finger in the dike, lying in the economic reporting numbers, and just waiting for Trump to be elected President before letting it all come crashing down. Suddenly, the media will be reporting on the awful economy, the certain recession, and the crash in commercial real estate.
Bookmark or download a few of the articles at financial sites gushing over Bidenomics and the wonderful economic forecast. I suspect they will all disappear by the end of next January.
Another scenario:
They let it crash in early fall, create several crises at once, and then declare a state of emergency that prevents any election at all. To “Build Back Better” you first have to tear everything down.