Where to Invest in Real Estate Now

Bloomberg, May 2, 2023–Charlie Wells (subscription)
Housing supply is constrained but there’s a glut of office space. Fears of a recession are driving down prices in some areas, while demographic changes are keeping them elevated in others. Higher rates are pricing out first-time buyers, but those who can pay with cash are snapping up deals. Landlords are defaulting on debt, while homebuilders are seeing a surge in demand.
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