Bill Rudin on state of commercial real estate, industry challenges and impact of high rates
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- čas přidán 9. 05. 2024
- Bill Rudin, Rudin co-chair, joins 'Squawk Box' to discuss the state of the commercial real estate market in New York City, real estate challenges, impact of high interest rates,
One of the most focused press releases I’ve ever viewed.
Everything is OK. Wink wink 😂😂😂😂.
Mr. Rudin seems assured that rates will definitely come down there by relieving some pain as the market is forced into price discovery! I’m not so sure rates are coming down so CRE prices will only get better. I’m 63 soon to be 64 and I’m the median age of the boomers and a lot of my friends are easing into retirement now and getting much more conservative with their investments and pulling them from the market. This will equate to several trillion dollars over the next decade. Inflation has been stubbornly high around 3%, as the globe deglobalizes and reshoring and onshoring pick up speed- this will be inflationary. So higher for longer is here for several years to come. The numbers don’t lie. The data is in and it says higher inflation!👉📈
In case you missed it; he is not (unless you live on Park Ave) talking to you.
I appreciate the optimism, but people are making youtube videos about empty strip malls and buildings. 30% seems low to me.
lol nation wide, bro New York is in a bad spot, yall need to lower rent across the board
Post civid recovery?
Notice they won't say rate hikes.
This guys whole argument is “trust me bro”. We should not be cutting rates right now.
Building needs to go citadel is a cancer on this world
How about we stop letting old people and women finance things they can’t buy with cash in full
…. Rubbish interview …. Gave up half way through and annoyed enough about wasting 3:42 minutes of my life that I’d thought I’d share in the comments.