That depends on city and industry. Tech yes but it is only 7% of the US workforce so keep that in mind. Also Commercial real estate means warehouses, factories, shops, office parks, hotels, apartment buildings, the list is very long and so you are only looking at trouble in a specific piece of the pie but time will tell how this plays out.
Not everyone needs a 5 bedroom 6 bath house with a three car garage. Builders need incentives to build starter homes and buyers need incentives to buy them.
Exactly I would love a two bedroom two bath. I mean, let’s be honest, I can’t do a two bedroom one bath lol but yes, we don’t need houses like that especially with the younger generation not wanting to have kids. Three bedrooms is probably the max for most people if you wanted a home office or something
You can’t fix housings without removing speculation in the sector: •completely shrink the fed balance sheet •eliminate form 1031 exchange •no bailout for real estate
Your comment is totally disconnected from reality. First of all 40% of US homes are now owned with no debt that is a huge reduction of supply. Baby Boomers are aging at home instead of moving out and selling another major blow to homes for sale. The FED balance sheet is not that big it is only 5 trillion for Treasury an another like 2.5 trillion for MBS out of a total market of almost 21 trillion so only like 20% is held by the FED much of it is higher risk which means these are FHA loans which is not investors but average Joe and Jane who make lower income so that won't add more supply well unless you want Joe and Jane to foreclose but that usually gets sold with CASH to investors sooooo that just makes the problem... WORSEE!!!!!! The only solution to housing is... BUILD BUILD BUILD just make more of it, really easy. We are not the UK who is an island and has no land, we have lots and lots of land, just f-kin build.
No one is stating the obvious that these real estate issues have been caused by terrible policy changes designed on purpose to destroy business, create housing prices and financing that the average American simply can’t afford, an energy crisis that was completely avoidable through drilling for oil, “sanctuary city” policies that destroyed places tax payers want to to hang out in, and a way for the government to own everything while we suffer. I wish the average American voter was educated on policy. Instead we’re educated on social issues that keep us divided and unable to see the forest through the trees.
Curious about the current state of commercial real estate? Just ask a property manager! Office buildings are facing vacancy rates exceeding 57%, which is why a $330 million NYC UBS building recently sold for just $8 million. Meanwhile, homes are grossly overpriced-sometimes two or even three times their value-due to Wall Street's aggressive buying, which has sidelined families and fueled a rental monopoly. Low interest rates are not the cause of high home prices; even when rates were 16% or 13%, homes were still affordable. Ghost housing - millions hidden from home supply reports
There is a video title that caught my attention: "This $500,000 property will cause the London housing market to crash." It sounds like big news. Has anyone seen this video? I'm curious about what it's about.
I agree that wages need to go up, but what about housing prices going down. They are way inflated houses are not worth that much. And just because it’s everybody’s investment you don’t want to say the truth. The price needs to slash by 20 to 30% and go back to what it was in 2019. There’s no sense in houses doubling in price in five years.
![[DOKKAN BATTLE] Worldwide Campaign Announcement Video Part 2!](http://i.ytimg.com/vi/JpT5Voak6WA/mqdefault.jpg)
Brother needs some coffee
I think he knows it’s all going to 💩 but trying real hard
“Bruh …interest rates …are like …so high right now…”
he was looking down the whole time like he was looking for his notes
Water is wet, the sky is blue, and no one wants to come into the office 5x a week.
That depends on city and industry. Tech yes but it is only 7% of the US workforce so keep that in mind. Also Commercial real estate means warehouses, factories, shops, office parks, hotels, apartment buildings, the list is very long and so you are only looking at trouble in a specific piece of the pie but time will tell how this plays out.
Its hard to find anyone on bloomberg that speaks the real truth.
Not everyone needs a 5 bedroom 6 bath house with a three car garage. Builders need incentives to build starter homes and buyers need incentives to buy them.
Exactly I would love a two bedroom two bath. I mean, let’s be honest, I can’t do a two bedroom one bath lol but yes, we don’t need houses like that especially with the younger generation not wanting to have kids. Three bedrooms is probably the max for most people if you wanted a home office or something
You can’t fix housings without removing speculation in the sector:
•completely shrink the fed balance sheet
•eliminate form 1031 exchange
•no bailout for real estate
@@GeorgeSchneider8889 Amen
Get private equity out of housing,
@@marengoczar5035 You can’t. They have the most powerful lobbying in DC 🤷♂️
Your comment is totally disconnected from reality. First of all 40% of US homes are now owned with no debt that is a huge reduction of supply. Baby Boomers are aging at home instead of moving out and selling another major blow to homes for sale. The FED balance sheet is not that big it is only 5 trillion for Treasury an another like 2.5 trillion for MBS out of a total market of almost 21 trillion so only like 20% is held by the FED much of it is higher risk which means these are FHA loans which is not investors but average Joe and Jane who make lower income so that won't add more supply well unless you want Joe and Jane to foreclose but that usually gets sold with CASH to investors sooooo that just makes the problem... WORSEE!!!!!! The only solution to housing is... BUILD BUILD BUILD just make more of it, really easy. We are not the UK who is an island and has no land, we have lots and lots of land, just f-kin build.
Unless Income increase faster than house prices, how are thing going to keep up?
No one is stating the obvious that these real estate issues have been caused by terrible policy changes designed on purpose to destroy business, create housing prices and financing that the average American simply can’t afford, an energy crisis that was completely avoidable through drilling for oil, “sanctuary city” policies that destroyed places tax payers want to to hang out in, and a way for the government to own everything while we suffer. I wish the average American voter was educated on policy. Instead we’re educated on social issues that keep us divided and unable to see the forest through the trees.
Did he say bullish tailwinds? 😂😂😂
Curious about the current state of commercial real estate? Just ask a property manager! Office buildings are facing vacancy rates exceeding 57%, which is why a $330 million NYC UBS building recently sold for just $8 million. Meanwhile, homes are grossly overpriced-sometimes two or even three times their value-due to Wall Street's aggressive buying, which has sidelined families and fueled a rental monopoly. Low interest rates are not the cause of high home prices; even when rates were 16% or 13%, homes were still affordable. Ghost housing - millions hidden from home supply reports
Great William Shatner impression
There is a video title that caught my attention: "This $500,000 property will cause the London housing market to crash." It sounds like big news. Has anyone seen this video? I'm curious about what it's about.
I agree that wages need to go up, but what about housing prices going down. They are way inflated houses are not worth that much. And just because it’s everybody’s investment you don’t want to say the truth. The price needs to slash by 20 to 30% and go back to what it was in 2019. There’s no sense in houses doubling in price in five years.
A nation of renters. That was always the plan.
the demand isn't there, regardless of price changes due to the new interest rate environment
Why does no one talk about commute times when they mention WFH?
"healthy"
Commercial real estate is going to go downward, not up!! hack.