Commercial Real Estate; Master of the Mind | 60 Minutes Full Episodes

Поделиться
HTML-код
  • Опубликовано: 16 янв 2024
  • First, how empty offices spell trouble for landlords. And, a look at how a neurosurgeon is targeting Alzheimer's and addiction.
    #news #realestate #alzheimer
    "60 Minutes" is the most successful television broadcast in history. Offering hard-hitting investigative reports, interviews, feature segments and profiles of people in the news, the broadcast began in 1968 and is still a hit, over 50 seasons later, regularly making Nielsen's Top 10.
    Subscribe to the “60 Minutes” RUclips channel: bit.ly/1S7CLRu
    Watch full episodes: cbsn.ws/1Qkjo1F
    Get more “60 Minutes” from “60 Minutes: Overtime”: cbsn.ws/1KG3sdr
    Follow “60 Minutes” on Instagram: bit.ly/23Xv8Ry
    Like “60 Minutes” on Facebook: on. 1Xb1Dao
    Follow “60 Minutes” on Twitter: bit.ly/1KxUsqX
    Subscribe to our newsletter: cbsn.ws/1RqHw7T
    Download the CBS News app: cbsn.ws/1Xb1WC8
    Try Paramount+ free: bit.ly/2OiW1kZ
    For video licensing inquiries, contact: licensing@veritone.com

Комментарии • 391

  • @darnellcapriccioso
    @darnellcapriccioso Месяц назад +424

    This happened with the 2004 housing boom - home prices were greatly inflated, meaning people couldn't sell later because they owed more on the house than they could sell for. I know quite a few people who bought then, thinking they were making a good investment to sell later, but it's taken until the COVID housing boom for the prices to come back to those original amounts.

    • @richardhudson1243
      @richardhudson1243 Месяц назад +6

      To balance out your real estate holdings, I suggest investing in equities. If you're cautious, even the worst recessions can present fantastic buying opportunities. Additionally, volatility can produce fantastic short-term purchase and sell opportunities. This is not financial advise, but you should buy immediately away because money isn't king right now!

    • @tatianastarcic
      @tatianastarcic Месяц назад +5

      You're right. I was able to diversify my 450K portfolio across markets with the aid of an investment coach, and I was able to use high dividend yield stocks, ETFs, and bonds to generate a little over $830K in net profit.

    • @maiadazz
      @maiadazz Месяц назад +5

      Would you mind providing details on the advisor who helped you? saving for a pension through a corporate program since the age of 18. I hit greater tax along the road, so I increased my company pension with a SIPP (tax benefits). I'm now 50 and would love to expand my finances more aggressively; there are a few automobiles I still want to drive and a few mega-vacations that I still want to take.

    • @Aaronduckstein49
      @Aaronduckstein49 Месяц назад +1

      Thank you for sharing, I must say, she appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.

  • @albeit1
    @albeit1 4 месяца назад +69

    7:39 Working from home is not a “societal problem”.
    Real estate executives may want to sell us on that idea. But it’s not true.

    • @josephastier7421
      @josephastier7421 4 месяца назад +7

      Every time I hear someone try to frame remote working as a problem, it's either a real estate tycoon or a business owner dependent on foot traffic. Huge conflict of interest in people who see us as a revenue stream.

    • @Beardshire
      @Beardshire 4 месяца назад

      @@josephastier7421 and people saying this, own the building, in effect "working from home"

    • @yvonnecortes_
      @yvonnecortes_ 4 месяца назад +4

      Thats why they made sure to say the persons stocks are down so that we know its affecting their pocket and THATS the real reason why they see it as a problem.

  • @joshnizzle
    @joshnizzle 4 месяца назад +103

    Work from home is not a societal problem. People are tired of being shackled to their job. Life is about a lot more than just your career. My father and my grandfather worked until they died. They worked their life away never having any time to do what they wanted to do. I’m glad to see people are deciding that’s not what they want.

    • @AaronMartinColby
      @AaronMartinColby 4 месяца назад +11

      Came here to basically say the same comment. Further, this isn't even really a problem for New York; this is a problem for rent seekers, for parasites who will drive prices as high as possible.

    • @joshnizzle
      @joshnizzle 4 месяца назад +17

      @@AaronMartinColby exactly who wants to spend their entire life working their selves to the bone and for a lot of people never even getting to retire because they don’t make enough money like my dad and grandfather. I don’t wanna spend my life working until I die. I know I won’t.

    • @monipenny408
      @monipenny408 4 месяца назад

      that is not how corporate capitalism works, it will eventually suck the lives out of ordinary people.

    • @KingCircles
      @KingCircles 4 месяца назад

      No one wants to be working, everyone wants to be spending money. For sure. Nothing new.
      By the way, the world has been a much making to give people less work and more money in last several centuries. Do not You find.

    • @philippine6168
      @philippine6168 4 месяца назад +2

      This pandemic opened our eyes and gave us time to look at our lives to realise that investment is the key to sustaining your financial longevity .I know I don't want to go back to work for someone again! After my Investment experience I now believe investing today is a simple logic that creates you a future you don't need to work, fortunately for me I have figure out the easiest way to make money while I have time with my family.

  • @rubenlaracuente8991
    @rubenlaracuente8991 4 месяца назад +48

    I FEEL ZERO PITY FOR NEW YORK LANLORDS 😮

  • @davidseek
    @davidseek 4 месяца назад +268

    The billionaire owning office buildings says “Work from home” is “dangerous for society”. Weird pronunciation of “dangerous for my wallet”.

    • @hpygolkyone
      @hpygolkyone 4 месяца назад +17

      People working from home lose social skills. I met many, and they become socially awkward and unable to chat people up...like chicks? They become as loony as gamers locked in their rooms for weeks on end.

    • @rogeramezquita5685
      @rogeramezquita5685 4 месяца назад +4

      In fact I am a fitness trainer and most on my client miss going back to the office they see their home now not as a place to relax and also they miss been around people is definitely bad

    • @StarsAndAngels
      @StarsAndAngels 4 месяца назад +15

      This is true there is no longer a need to move to New York to work in finance or Chicago or publishing and as an employer I have top talent I couldn't get here for the same price by hiring nationally! We are never going back to 9-5 five days a week. This multi-millionaire is living in the past

    • @josephastier7421
      @josephastier7421 4 месяца назад +28

      Remote work is the best thing that has happened to society in a century. Freed from commuting, our days are suddenly two hours longer, or more. We don't miss the traffic, and the traffic doesn't miss us.

    • @youmediscussions472
      @youmediscussions472 4 месяца назад +5

      People are social creatures

  • @7_of_9
    @7_of_9 4 месяца назад +31

    He said "remote work is bad for people" follow by "his stocks are down by 50%" 😂. These greedy people running scams now in the house market

    • @minutemaniii7062
      @minutemaniii7062 4 месяца назад

      And thats why you are poor hahaha

    • @julienbonin
      @julienbonin 11 дней назад

      He's got "Main Character" energy and everyone else is just there to make him more money. lol

  • @FanOfTheEarth20
    @FanOfTheEarth20 4 месяца назад +45

    You can build micro communities in these office buildings, from a post office, drs offices, and a library to small stores, specialty shops, and assorted recreation based on the needs and wants of that community. You can dedicate an entire floor to growing crops with a hydroponics system and even have the building off the grid if you wanted working like an earthship. There are so many options if you look forward instead of looking back!

    • @yvonnecortes_
      @yvonnecortes_ 4 месяца назад +3

      Yes! I was listening to this as i was showering (tmi sorry) and i was envisioning this exact thing! Maybe not as detailed as your description lol but definitely the building of a community and making it more welcoming so people dont feel like work is a pain and they actually want to go to work cz they wont be confined to a dang office all day. Its time to reimagine the “workplace” environment and building these communities seems like the right way to go.

    • @dougg1075
      @dougg1075 4 месяца назад

      The elites want this. It’s all part of a plan to reset the world

    • @correlationqueen3565
      @correlationqueen3565 4 месяца назад

      ​@@yvonnecortes_Wow what an awesome idea!!!!

    • @rustyshackleford1877
      @rustyshackleford1877 4 месяца назад +4

      That's the goal. You will live in a 15 minute city.
      "By 2030, you will own nothing, have nothing, you will be happy."
      -World Economic Forum

    • @george6696
      @george6696 4 месяца назад

      They can build a cemetery inside the top of the building for easy a exit to the heaven🤔🤔🤭🤭

  • @chimuscletv
    @chimuscletv 4 месяца назад +50

    Working from home is good for the environment. I never hear that discussion.

    • @SinaBagheri
      @SinaBagheri 3 месяца назад

      Well we don't quite know that. Working from home requires infrastructure (read massive data centers) that could potentially be just as bad for the environment.

    • @hahamasala
      @hahamasala 2 месяца назад +1

      ​@@SinaBagheriThere's no way, extra days and electricity usage is wise for the environment than moving humans back and forth, especially in cars and dense traffic. Plus, some of that same electrical power is used to do work at the office.

  • @terrisewell4729
    @terrisewell4729 4 месяца назад +18

    This pandemic opened our eyes and gave us time to look at our lives to realise that Inves tment is the key to sustaining your financial longevity .I know I don't want to go back to work for someone again! After my Inves tment experience I now believe investing today is a simple logic that creates you a future you don't need to work, fortunately for me I have figure out the easiest way to make money while I have time with my family.

    • @perefeghaandrew8076
      @perefeghaandrew8076 4 месяца назад +5

      you've remind me of what someone once said "The mind is the man, the poor is in it and the rich is it too". This sentence is the secret of most successful investors. I once attended similar and ever since then been waxing strong financially, and i most tell you the truth..Inves tment is the key that can secure your family future.

    • @philippine6168
      @philippine6168 4 месяца назад +5

      Starting early is the best way of getting ahead to build wealth, Inves ting remains a priority. I learnt from my last year's experience, i am able to build a suitable life because I invested early ahead this time.

    • @johnalex4006
      @johnalex4006 4 месяца назад +6

      I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted,i became more better the moment i realized this.

    • @Jaffnakamila
      @Jaffnakamila 4 месяца назад +3

      exactly! That's my major concern and what kind of profitable business or Inves tment can someone do with the current rise in economic downturn

    • @jessicasaunder6965
      @jessicasaunder6965 4 месяца назад +4

      Hello nice comments here, please what exactly kind of inves tment are you talking about here, I'm really interested too

  • @teenieteenez
    @teenieteenez 4 месяца назад +11

    That doctor is doing amazing work. Bless him.

  • @josephastier7421
    @josephastier7421 4 месяца назад +17

    7:44 Manhattan real estate shark who took a 50% haircut post-pandemic: "One of the biggest societal problems we're facing right now is work from home".

    • @michaelbryant2071
      @michaelbryant2071 4 месяца назад +4

      Drug abuse, homelessness, rising medical costs, Alzheimers, these are societal problems. Your shrinking real estate portfolio, business problems.

    • @Arcwol
      @Arcwol 4 месяца назад

      @@michaelbryant2071 YEP!

  • @blaydCA
    @blaydCA 4 месяца назад +30

    Empty office space.
    Housing shortage.
    Could be converted to housing.
    Nah...makes too much sense

    • @B_Bodziak
      @B_Bodziak 4 месяца назад

      The GOP would never consider allocating funds to people who actually need it. They always say, "America First", but they never want to actually provide anything to Americans that aren't in the top 2%. Instead, they'd rather give billions annually to countries that provide healthcare to its residents and to one country in particular that doesn't even have homelessness.

    • @blaydCA
      @blaydCA 4 месяца назад

      @@B_Bodziak I was thinking more like private sector investment.
      They're never going to refill those office buildings.

    • @edd06001
      @edd06001 4 месяца назад +4

      It does make a lot of sense, but of course, you have to blame local government and their ridiculous regulations which make it more difficult than it has to be to do this.

    • @You_are_Right_
      @You_are_Right_ 4 месяца назад

      Who pays for it? The buildings are privately owned. Government mandates they sell it? For what price? Nah. I’ll say no to government mandates.

    • @blaydCA
      @blaydCA 4 месяца назад

      @@edd06001 cookie cutter plans, since the vacant floors would be pretty much the same.
      Then fast track the approvals with rigid review.

  • @B_Bodziak
    @B_Bodziak 4 месяца назад +27

    Bless this neurosurgeon. XO

  • @golfplusbeer6312
    @golfplusbeer6312 4 месяца назад +2

    Offices are incredibly inefficient. Even generously assuming just an average 15 minute commute, it means every employee in your company wastes 2.5 hours every week (100+ hours in a year) commuting. And that’s not including the extra time getting ready in the morning to go in. If you have just 10 employees, you’re successfully wasting over 1000 hours of life every year. Not to mention all of the other expenses relating to working at the office, from gas, to food, to childcare, to car maintenance, even increased costs from formal attire like dress shoes.
    What’s even more ludicrous is the housing crisis has priced out the largest generation in the workforce today from owning a home anywhere near downtown metropolitan areas, and now we’re seeing vehicle prices hovering around the average American’s SALARY. And long gone are the days when one parent could work with the other acting as a stay at home parent. It now takes two salaries to raise a child, which incurs even more childcare/daycare costs to work in office.
    I’m sick of listening to out of touch billionaires and teetering retirees give their opinions on what’s best for those of us who need to make the next 30+ years of working make any financial sense. Seeing people in person is nice from time to time, but 5 days a week 8 hours a day is beyond unnecessary.

  • @modfus
    @modfus 4 месяца назад +4

    What a great man Dr. Rezai is. He and his team are giving millions of people hope for the future.

  • @mauriciogeovani2705
    @mauriciogeovani2705 4 месяца назад +11

    7:45 these are the same people that have to be forced by law to pay their workers a fair wage. obviously it’s bad for our society since his stocks will go down

  • @KiwikimNZ
    @KiwikimNZ 4 месяца назад +25

    This is game changing! Wow what an incredible outcome on the participants of the research. I bet that Dr is jumping up and down, if this research gets the go ahead to lead onto more trials this man is going to be mega loaded, not only rich financially but what a buzz to be able to get a break through like this, with the real potential to help patients regain their lives but healthier and happier lives too. Incredible.

    • @jimk8386
      @jimk8386 4 месяца назад

      😅😅😅😅😅

  • @LiftingStress
    @LiftingStress 4 месяца назад +6

    I see a Nobel coming to Dr Ali Rezai. As someone who's mixed Persian, I'm proud to find out he's an Iranian-born American. I hope his treatment can also help reduce anxiety and prevent panic attacks.

    • @george6696
      @george6696 4 месяца назад

      Don't be happy for a breakthrough, it will be another way for the private hospital to charge and make money, you must be very riches and have medical insurance to afford such a treatment, 🤭🤭🤭

  • @Riggsnic_co
    @Riggsnic_co 4 месяца назад +94

    I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

    • @TheJackCain-84
      @TheJackCain-84 4 месяца назад +1

      One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.

    • @bob.weaver72
      @bob.weaver72 4 месяца назад +1

      It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.

    • @martingiavarini
      @martingiavarini 4 месяца назад

      Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started and thats how i was able to accrued good gains . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal

    • @TheJackCain-84
      @TheJackCain-84 4 месяца назад

      please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

    • @martingiavarini
      @martingiavarini 4 месяца назад

      Credits to 'Carol Vivian Constable' she has a web presence, so you can simply

  • @mattmayo3539
    @mattmayo3539 4 месяца назад +10

    In the 90’s in San Francisco after the 89 earthquake. Most of the abandoned warehouses were converted to condominiums and lofts. What’s old is new again

    • @josephastier7421
      @josephastier7421 4 месяца назад

      Those "abandoned" huge warehouses were some of our best dance clubs. RIP Pleasure dome, Club Universe. Most fun I ever had under a roof.

  • @215Daniel
    @215Daniel 4 месяца назад +17

    Companies still recording record profits year over year - despite the pandemic. Guess having people in the office isn't necessary, numbers never lie. Convert them into subsidized housing.

    • @nancimanuele4129
      @nancimanuele4129 4 месяца назад

      Are you going to subsidize them?

    • @215Daniel
      @215Daniel 4 месяца назад +3

      @@nancimanuele4129 Rural Americans like you with little to zero world view don't know this but - in other countries (with much higher quality of life metrics than the USA, there are many of them, over 20 in fact) tax dollars actually benefit taxpayers instead of funding endless foreign conflicts and "defense."

  • @floydchusset3143
    @floydchusset3143 4 месяца назад +13

    This is the main achilles heel in everything about America, Off topic but as an investing enthusiast, I often wonder how veteran investors get rich off dividends. I do have a good amount of capital to invest for passive income, but my focus right now is how to gain wealth from market resurgence, I'm keen on retiring early with at least $1m.

    • @ashwinaditi1039
      @ashwinaditi1039 4 месяца назад

      Not falling for yield traps is important, focus on long term growth. ideally, a good FA can help you earn those dividends over time.

    • @ryanthompson8256
      @ryanthompson8256 4 месяца назад

      I was taught well on how to save, nothing on dividends, but now I'm really ratcheting up investments with the help of a reputable FA, realized at least $800k after subsequent investments in so far this year. I do think I have dropped a lot of stress about finances having a long term perspective about investing.

    • @JasonDinero
      @JasonDinero 4 месяца назад

      I could really use some assistance, haven't been doing so great as of late, who is this your FA.

    • @ryanthompson8256
      @ryanthompson8256 4 месяца назад

      @@JasonDinero Even the best inves tors lose money when the market is down or when they make a decision that doesn’t turn out as hoped I can't actually leave details on here, you could do a research yourself she's Laura Grace Abels , she has a web presence.

    • @ryanthompson8256
      @ryanthompson8256 4 месяца назад

      Even the best inves tors lose money when the market is down or when they make a decision that doesn’t turn out as hoped I can't actually leave details on here, you could do a research yourself she's Laura Grace Abels , she has a web presence.

  • @jaanireel
    @jaanireel 4 месяца назад +42

    00:08 New York City's commercial real estate faces challenges with high vacancy rates and changing work dynamics.
    02:38 New York City's office real estate faces significant challenges.
    07:03 Occupancy rates crucial for commercial real estate success
    09:08 Commercial real estate crisis looming with soaring loan delinquency rates.
    13:30 Urban real estate offers potential for reimagining and repurposing.
    15:53 Using ultrasound to slow down Alzheimer's disease progression.
    19:54 Dr. Rai's team used ultrasound to treat Tremors and other brain disorders.
    22:01 Dr. Rai hopes to slow the progression of Alzheimer's disease
    26:12 Ultrasound treatment shows promise in clearing plaques related to Alzheimer's disease.
    28:14 Dr. Rai's new way to use ultrasound to reset the brain and help people suffering from drug addiction
    32:38 Brain implant used to fight addiction
    34:43 Implant with electrical pulses to suppress cravings
    39:04 Ultrasound therapy shows promising results in reducing drug cravings and anxiety.
    41:12 Research and replication are essential in pushing forward with risks needed for finding solutions

    • @SunlightsHorizon
      @SunlightsHorizon 4 месяца назад

      Thank you!

    • @khunopie9159
      @khunopie9159 4 месяца назад +1

      15:11 Sponsored By Fizzer 🤮

    • @Bloodcurling
      @Bloodcurling 4 месяца назад

      Did you just get laid off from Sports Illustrated?

  • @positivemind5163
    @positivemind5163 4 месяца назад +5

    GOOD LUCK DR.RAI

  • @edd06001
    @edd06001 4 месяца назад +10

    The most successful businesses are those that modernize and adapt with the times, rather than whine and moan about the decline of status quo. Although informative, this article seems like a lobbyist driven agenda by labeling remote work as a problem, by trying to force CEO's to embrace back-to-work policies to save developers millions, because they bet on their success being exponential into the foreseeable future with commercial real estate, rather than accept the newly found efficiencies of the modern-day workplace environment. It is not up to the everyday people to keep these millionaires happy and rich.

  • @B_Bodziak
    @B_Bodziak 4 месяца назад +17

    I just read that medical researchers suspect people who "pick their noses, often" have a higher risk of Alzheimer's because the tiny scratches from their fingernails inside their noses leave a more direct path for certain bacteria associated with the disease to get to the brain. It makes sense, but I wonder what sparked the hypothesis.

    • @jojolafrite90
      @jojolafrite90 4 месяца назад +2

      Oh, OK. Always good to know why you're f*cked... I smoked so much weed in my lifetime, though that I must be somewhat protected, since I know there is a clear case for cannabis helping against absent-mindedness since quite some time, and it's also, now known it's a good way of controlling Alzheimer. Did you see the video of a person sick with this sickness and smoking weed? It's quite spectacular so witness.

    • @edd06001
      @edd06001 4 месяца назад +4

      Not to worry, I bite my fingernails too so i'm good. 🤣🤣🤣

    • @albeit1
      @albeit1 4 месяца назад +2

      Sounds like that’s an association only.
      And based on mere survey data probably.

    • @janoraj4667
      @janoraj4667 4 месяца назад

      Whoever came up with this theory, I want to see a weel done study on this before I believe it. It is still quite far to the brain from the entrance of the nostrils so I doubt that a lot

  • @williamnieves4538
    @williamnieves4538 4 месяца назад +8

    Many commercial developers are crying about work from home arrangements but they, along with many greedy bankers and investment companies, are part of the problem, and now they are crying wolf!

  • @stevec3310
    @stevec3310 4 месяца назад +7

    I think one of the answers to this problem to be to transform these buildings into condos, apartments, etc..for people to live in. Since there seems to be a shortage of places for prople to live in all over the country, is this not a sensible solution to part of the problem..also transforming empty school buildings for temporary housing for the homeless..There is everything they need, including male and female restrooms, showers, and cafeteria.. The classrooms have 2 doors, one at each end of the classroom so they can be devided for either singles or families..

  • @brianevans2819
    @brianevans2819 4 месяца назад +1

    What a brilliant 60 minutes this is, thank you all, for this well researched and presented, informative article and content, that you Doctor and your team.

  • @joeboudre1667
    @joeboudre1667 4 месяца назад +6

    Love 60 minutes. The last bastion of Real Old Fashioned, investigative reporting.

  • @user-gr7bl7so9p
    @user-gr7bl7so9p 4 месяца назад +8

    I’d work full time in the office again if they make it worth my while but they would really need to make it worth my while otherwise I’ll just continue to pursue WFH opportunities.

  • @squibbelsmcjohnson
    @squibbelsmcjohnson 4 месяца назад +4

    Amazing what just sound can do. Not sound that can be heard but that can have that much of affect on multiple problems

    • @sydwelglobal1439
      @sydwelglobal1439 4 месяца назад

      Everything is technically sound, even light and matter!

  • @Dondonden1234
    @Dondonden1234 4 месяца назад +2

    This medical science is amazing!!!

  • @fugetaboutit2050
    @fugetaboutit2050 4 месяца назад +3

    I LOVE THIS COUNTRY!!

  • @miyu4589
    @miyu4589 4 месяца назад +6

    Great documentary

  • @HarryCharles-pf9we
    @HarryCharles-pf9we 4 месяца назад +2

    It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.

    • @neuermuller
      @neuermuller 4 месяца назад

      I recently sold my home in the Boca Grande area and am considering investing a lump sum into the stock market before the anticipated rebound, couple of folks have been discussing a potential rally, speculating on which stocks may experience substantial growth during the festive season. Do you have any insight into which stocks these might be?

    • @TaylorGiggs-im9mu
      @TaylorGiggs-im9mu 4 месяца назад

      I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than $600k within just a year, and I've entrusted my advisor with the task of determining entry and exit points.

    • @julienbonin
      @julienbonin 10 дней назад

      @@neuermuller I think anything in tech will grow quickly over the next 5 years. Once companies start to show productivity growth from their AI capx and rates come down, a lot of money is going to come back into the market. I'm also thinking about selling to pull money out of my home and invest.

  • @JackBeNimble-fb1fn
    @JackBeNimble-fb1fn 4 месяца назад +5

    The 'VALUE' of the building is based on the 5 year discounted cash flow of the building, so an appraisal with good revenue growth determines the value of the collateral & viability of the credit. Therefore, fir the re-fi appraisals, the owners have to get the revenue stream moving upwards or it'll lack liquidity.

  • @hudsonfrank1121
    @hudsonfrank1121 4 месяца назад +4

    A lot of offices in my area have shut down a lot of multiple locations and have kept just a small hand full. Realizing that hybrid employees can shuffle days of the week they are in the office and not in the office. Mon-wed-thur I noticed traffic much denser on the roads and those are most likely the forced 3 days a week back to the office. By doing this cost cutting measure companies in the long run are saving bundles of money.

  • @mr.iforgot3062
    @mr.iforgot3062 4 месяца назад +2

    Im really wealthy you guys! I buy real estate all the time. I play alot of golf too ⛳. Im super duper rich.

  • @pamelabonaparte9383
    @pamelabonaparte9383 4 месяца назад +2

    Fascinating episode

  • @FarzadDastmalchi-op2ud
    @FarzadDastmalchi-op2ud 4 месяца назад

    As always, top notch. And Dr. Rezai, ward up mate, ward up.

  • @khurramsheikh4226
    @khurramsheikh4226 4 месяца назад

    Thank u for giving all is us hope thank u

  • @clos6429
    @clos6429 4 месяца назад

    Amazing doctor!

  • @stackchn
    @stackchn 4 месяца назад +5

    In '08 residential real estate 🏡 nearly plunged the global banking system into the abyss and here we are 15yrs later and commercial real estate is likely to do the same, but what makes this worse now is is the US national debt has grown by an additional $14 trillion and a bailout of the banks again for their risk taking isn't an option 🏦 💰

    • @julienbonin
      @julienbonin 10 дней назад

      It's always an option with the people currently in office. Buy assets.

  • @foto21
    @foto21 4 месяца назад +3

    I can't think of anyone more deserving of a Nobel Peace Prize for medicine than this doctor. I'm not religious, but wow, what a blessing this man is.

    • @george6696
      @george6696 4 месяца назад

      This research will end up in the hand of the rich, you need to paid a high medical fee to be treated, ordinary and the poor can not afford such kind of treatment,
      This will be another way for making money for the hospital, 🤭🤭🤭

    • @foto21
      @foto21 4 месяца назад

      Not all health care systems in the world are like America's, I'm sorry to inform you.@@george6696

  • @williambalazs
    @williambalazs 4 месяца назад +2

    I watched a lot of Lewis rossman's videos before he left New York about the real estate very interesting!!

  • @MrCookalooka
    @MrCookalooka 4 месяца назад +4

    This is like the Simpson's episode where the principal is hiding the steamed clams behind the kitchen door. But the Principal is the Banks and the clams are the Great Depression sequel

    • @billhevrin
      @billhevrin 4 месяца назад

      But what if he was to purchase fast food and disguise it as his own cooking?

  • @TheAGWChannel
    @TheAGWChannel 4 месяца назад +3

    Cocoa butter is 80% off 😂

  • @martingainty9623
    @martingainty9623 4 месяца назад +1

    which makes sense for eliminating Plaques
    BUT as far as tangles which causes Micro-tubules to collapse what would be the solution to repair tangles
    Glad to hear of the elimination procedures of Plaques

  • @MARILYNANDERSON88
    @MARILYNANDERSON88 4 месяца назад

    One shoulder injury leads to years of addiction illness for our strongest youths is a startling tale.

  • @sparkle3000
    @sparkle3000 4 месяца назад +1

    This is what Dr. Ben Carson was supposed to be heading up as he was "the first"
    Neurosurgeon to separate Siamese twins.
    He was suppose to build a school to support at risk Black youth as he once was.
    He threw it all away to fit in with the wrong crowd.
    He got robbed.

  • @evankolpack
    @evankolpack 4 месяца назад +2

    Crime, drugs, traffic, crowding, insane gov't taxes, regulations, and beaurocracy stifling small businesses....why would anyone pay the outrageous prices to be there when they can just as easily work safely from home with no commute into a dystopian jungle?

  • @myhometownsofia
    @myhometownsofia 4 месяца назад +2

    Sorry for the naive question why they didn’t convert these empty spaces to residential apartments?

  • @costcoshill7941
    @costcoshill7941 4 месяца назад +5

    Commercial Real Estate is much bigger than the office sector, certainly than the NYC CBD office sector. Industrial, Retail, Multifamily, Hospitality and other asset classes also have been changing drastically since 2020 and into the period of rising interest rates. Office obviously has the gloomiest outlook but the rates have impacted other sectors as well, which probably should have been mentioned (maybe because they aren't interesting stories with work-from-home changes or multifamily conversions). This piece also didn't speak to the enormous obstacles in converting office buildings to residential on the public side, with zoning and entitlement, site plan review by planning commissions etc taking up an enormous amount of time and money to navigate. With rates as they are, many conversions aren't as feasible as they may seem at first. It's a plan to fix obsolescence that seems obvious but is harder than it looks to accomplish, especially with the recent increase in multifamily supply.

    • @homesteadchrish3107
      @homesteadchrish3107 4 месяца назад +1

      Thank you ! I found it hilarious that they are insinuating the entire CRE market is collapsing. This was Office owner propaganda, They should have had better foresight, covid or not hybrid/WFH was inevitable, especially with the rents they charge.

  • @user-lj6do3ri1z
    @user-lj6do3ri1z Месяц назад

    Tks a lot :)

  • @muhammedscora
    @muhammedscora Месяц назад

    "It's also been bad for his stock price"
    O man 😂

  • @themotuman2663
    @themotuman2663 4 месяца назад +3

    Draconian lockdowns have consequences. The days of property owners gouging business owners are over. Just look at the rent prices in NY. Ridiculous! Property owners would rather keep it vacant than lower the price to a reasonable number. Same with storefronts. 30k a month for a shoebox? 🤦 Of course you didn't ask any of them what they were charging.

  • @Bernard-fo2qo
    @Bernard-fo2qo 4 месяца назад +3

    The rich businessmen have had it too easy for a long time, and now they will have to accept less and work harder, and do the same thing they have told the workers at the bottom to do. So be nice to the people you meet on the way to the top because you may meet them on your way back down.

    • @minutemaniii7062
      @minutemaniii7062 4 месяца назад +1

      Hahahaha safe to say, he will still be much much richer than you 😂😂😂😂

  • @NWJF
    @NWJF 4 месяца назад +3

    "we invest a lot of equity. If it works we make a lot of money. If it doesn't work; um; the lender can; take over the building"
    Let me help. If it works. You make A LOT OF MONEY. If it doesn't work. You lose nothing and taxpayers cover the loss in the form of the pending bail out.
    Gotcha. CAPITALISM! 🤣

  • @karavigroupyachtcharters
    @karavigroupyachtcharters 4 месяца назад +1

    Why use office space when everyone works remotely simply with their computer. Maybe it's time they switch these spaces to apt spaces and make them useful

  • @harrietbaker4484
    @harrietbaker4484 4 месяца назад +4

    They must must must make ultrasound for addiction widely available!

  • @ChrisC-yv8bz
    @ChrisC-yv8bz 4 месяца назад +2

    U missed the part about commercial 12:27 landlords inflating the size of their spaces by 20%.

  • @albeit1
    @albeit1 4 месяца назад +6

    Higher interest rates aren’t determining where we work. The ability to work remotely is.
    But higher interest rates are destroying commercial real estate business models built on debt.
    The Federal Reserve’s manipulation of interest rates and liquidity caused this situation.

    • @lucid685
      @lucid685 4 месяца назад

      Well assuming rates were always going to stay low is also a problem and those commercial real estate developers took that risk. If they did not consider that risk then let them fail

    • @albeit1
      @albeit1 4 месяца назад

      @@lucid685 agreed.
      But government shouldn’t be manipulating rates. Lulling people into thinking rates will always be low is bad.
      For decades, people took risks based on low rates and those who avoided reliance on low rates essentially stayed out of things like commercial real estate. The low rate environment TRAINED entrepreneurs to depend on low rates.
      It’s STILL their responsibility. Or, rather, the BANKS who will stuck with these properties.
      Or, rather, the taxpayers who will be stuck bailing out the banks.
      Darn. It’s back to me and you and everyone else who had no idea what the government was putting us on the hook 🪝 for.

  • @josegnz4763
    @josegnz4763 4 месяца назад

    That’s awesome god bless our doctors

  • @Arguewithyourmom
    @Arguewithyourmom 4 месяца назад +1

    People don’t want to work in an office and do not care about your stock value. We are not your commodity.

  • @aussiefox2000
    @aussiefox2000 4 месяца назад +1

    IS the Alzheimers treatment now available everywhere? This is the first time I have heard of it.
    Everyone should know about it. The outcomes for all the treatments are great.

  • @samirmadani4027
    @samirmadani4027 4 месяца назад +2

    Master of the Mind = A M A Z I N G ! ! !

  • @fredcraven1699
    @fredcraven1699 4 месяца назад +5

    There should be laws against LLCs unlimited liability companies owning Real Estate apartments then price gouging even though their mortgage rates stay the same , their mortgage stay the same during inflation

  • @Thejasonrogers
    @Thejasonrogers 4 месяца назад

    Some of those buildings could be colleges but even then learning is becoming more and more virtual

  • @SydneyCarton-sf3mq
    @SydneyCarton-sf3mq 4 месяца назад +4

    The continued development of supertowers in NY like 1 Vanderbit, 270 Park, 350 Park, and Rechler's 175 Park (featured in this video) is a testament to the vast wealth of NYC. No other American city is building office buildings, let alone 1,550' supertowers.

    • @ciro8861
      @ciro8861 4 месяца назад +4

      i often wonder about how firefighters can stop a fire at that height. after 9/11, such buildings lost all appeal, you cant leave and nobody can get to you

    • @squibbelsmcjohnson
      @squibbelsmcjohnson 4 месяца назад

      ​Buildings above 55 floors require sprinkler systems, at the time twin towers was constructed that wasn't a thing​ but even if it did have it it would have done nothing because of the planes and explosion and jet fuel @@ciro8861

  • @plushdolphin
    @plushdolphin 4 месяца назад +2

    Commercial real estate owner says work from home is “a societal problem”. 🙄

  • @serafinacosta7118
    @serafinacosta7118 2 месяца назад

    Not every office building is suitable to repurposing.
    One can work a mid rise , mostly those old pre war buildings.
    Newer buildings , with large floor plates , and core shafted, over 6,000 sf per floor , are a no go. They generate a lot of wasted space.
    Also residential units demand large window frames and lots of daylight exposure. Many newer office buildings , they use glass plates to cover the entire e ternal perimeter. There has yo be a clear definition between glass and masonry.
    The ideal scenario:is to take up an outdated office building and repurpose it, where it makes financial sense.

  • @florete2310
    @florete2310 4 месяца назад

    Wait... WHAT?! You really mean, that... *people* could live within the central area of... A CITY?!? That's a whole new concept!!🤯🤯🤯

  • @viewme6598
    @viewme6598 4 месяца назад +2

    Work from home works it keeps more money in the home owners pockets cause they only either pay one rent or no rent at all depending on if they pay rent for home or they rent their homes either way more money can now either be used for leasure or spend on home owners kids and own house.

  • @Mike-rf5tz
    @Mike-rf5tz 4 месяца назад

    Maybe a lot of that office space can be turned into residential apartments. Seems like a win to me.

  • @makhetefall8003
    @makhetefall8003 4 месяца назад +1

    Dr. R. 4 the Nobel Prize. The Ultrasound Cure Genius. Lets Cure Mountaineers.

  • @jesusrodriguez-lopez976
    @jesusrodriguez-lopez976 4 месяца назад

    Anybody know any books,articles,website, videos about commercial real estate I would like to gain some knowledge before I invest in some commercial property

  • @videosuperhero100
    @videosuperhero100 4 месяца назад

    Sachler family should be responsible for paying for this treatment to every drug addiction they caused

  • @Arcwol
    @Arcwol 4 месяца назад

    7:42 🤣🤣🤣🤣Tell us how you really feel.

  • @joemiami1424
    @joemiami1424 4 месяца назад

    God Bless those doctors 🥼 pushing forward to save lives. Every live is important and a gift

  • @tyranix9785
    @tyranix9785 4 месяца назад

    (7:40) This. This. This. ... (11:38) And, This. This. This. ... The market has yet to provide businesses with a good reason--a real comparative edge--for bringing their staff back into the office.

  • @mrclarkson3812
    @mrclarkson3812 4 месяца назад

    When 60 min does non political topics, they do a good job!

  • @george6696
    @george6696 4 месяца назад +1

    I got a good suggestion, by turning the empty city to a drug rehabilitation centre and refugee centre would solve the homeless people problem,

  • @mtblife707
    @mtblife707 4 месяца назад +1

    Please ultrasound my brain

  • @phoso1
    @phoso1 4 месяца назад +1

    The law needs to change. They need to allow office space to be convert to living quarter.

  • @user-im8oc4us9p
    @user-im8oc4us9p 3 месяца назад

    So why are we not using this ultra sound treatment on a much larger group of addicts especially those with "end stage addiction" ??

  • @mariayvargas9677
    @mariayvargas9677 4 месяца назад +1

    Billionaries en real estate en NY, San Francisco others cities, they increase and increase prices in rents until they put half the people homeless and they complain now they do not find people to pay the prices . Leave affordable prices and will work.

  • @designthinkingwithgian
    @designthinkingwithgian 4 месяца назад +1

    Jordan Belfort was right!!

  • @InitialRelic593
    @InitialRelic593 4 месяца назад

    What people in 1st world don’t realise is that WFH sounds good now however employers will not be even more tempted to hire from an abroad cheaper country for the same jobs. They could cut HR costs by 40% which is a very very lucrative offer. I think we r working our way out of jobs.

  • @neighbor9672
    @neighbor9672 4 месяца назад +1

    33:10 dayum my man is a celibate cyborg. Off drugs I mean.

    • @gaberoyalll
      @gaberoyalll 4 месяца назад

      The history of testing medical experiments on vulnerable populations

  • @jameslaskowski2540
    @jameslaskowski2540 4 месяца назад +2

    This video was NOT ABOUT COMMERCIAL REAL ESTATE!

  • @jaytaylor2090
    @jaytaylor2090 4 месяца назад

    "Coco butter is 80% off"😂😂😂

  • @andygraham7218
    @andygraham7218 3 месяца назад

    PFIZER sponsors everything!

  • @george6696
    @george6696 4 месяца назад +2

    This is a bad news for the riches who put all their asset and investment in high rise commercial building to show off their pride of owning the skyline of the city,

  • @janetrmn
    @janetrmn 2 месяца назад

    Sounds like commercial real estate REDLINING. Oh how history repeats itself 😂

  • @makhetefall8003
    @makhetefall8003 4 месяца назад +1

    Thank you all for this great 60 mn program. Many people made this excellent program possible. The USA is a great country with brilliant scholars who can do their research and help people. I went to WVU and I am proud of Dr. R. BEAUTIFUL MIND. I love being here. I learn something new every day. Dr. R. 4 the Nobel Prize.

  • @glennabate1708
    @glennabate1708 4 месяца назад +1

    This is sad it what’s happening everywhere the real world is empty while everybody does everything from a computer.

  • @jimfry2748
    @jimfry2748 4 месяца назад

    ALL THINGS CHANGE! In the coming decades we will see massive changes to the way people work and live and the way our children go to school, think about the all money you could save and the traffic congestion, environmental pollution, oil consumption we could achieve by have 3 DAY WORK WEEKS and SCHOOL WEEKS, the possibilities are ENDLESS, convert these buildings into LOW COST HOUSING

  • @user-jv4kl6xo4s
    @user-jv4kl6xo4s 4 месяца назад

    Can this be used for tinnitus?

  • @logancambridge8951
    @logancambridge8951 4 месяца назад

    Are there risks involved when exposed to the ultrasound for long periods of time?

    • @sydwelglobal1439
      @sydwelglobal1439 4 месяца назад

      Ultra sound is a kind of energy, like all energy it's the intensity and frequency that determines its safety!