Economics

I may sound like a broken clock, but the CRE market is still not doing well and we might see the results of it this year

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

Odd lots had a good episode on this year, which made it sound a little less dire, based on different tranches of CRE, some of which are performing well; med services outside of metro areas etc.

The big buildings are going to continue to drag as I understand it.  I don’t think we’ve seen the final impact yet.

Some argue that if a recession hits, some companies will make workers go back to the office and that will make the commercial real estate go back to normal 

I don’t think so

Do you think CRE will ever return to “normal”? Not clear what shoe is left to drop here

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Do you think this will spill into other markets?

You’re right twice a day. Keep ticking.

This was obvious when covid completely destroyed demand. Why has it taken so long though?