Economist: Commercial real estate ‘is really falling apart, there's a lot of pain’

Рет қаралды 21,281

Күн бұрын

Commercial real estate has been through quite the transformation ever since the pandemic. With companies and financial institutions heavily invested in commercial real estate assets while businesses and workers move to more remote and hybrid positions, some on Wall Street are sounding the alarm bells as to how damaging this could eventually be to the stock market.
A. Gary Shilling & Co. Founder and President Gary Shilling joins Yahoo Finance to discuss how much of a risk commercial real estate investments are for markets.
"It's not enough to sink the ship. I mean, if you look at the subprime mortgage fiasco in 2008, it gave us the most serious recession since the 1930s, and all its ramifications," Shilling affirms. "I think now, the economy is vulnerable. This is... certainly a negative. You've got a lot of other things indicating that, inverted yield curve, leading indicators being weak..."
He continues: "This could contribute to economic weakness, but it isn't going to give us a global collapse, at least as far as we can see right now."
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
#yahoofinance #realestate #news
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: yahoofinanc...
TikTok: www.tiktok.com/@yahoofinance?...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance

Пікірлер: 17

@JerryLuca-nm9ru55 2 ай бұрын

The best investment one can do right now is investing on real estate though stocks are good but ever since I swapped to real estate, I've seen so much difference.

@LarryAnthony-ut8ok44 2 ай бұрын

I have been making a lot profit through real estate which has been the main source of my income.

@LarryAnthony-ut8ok44 2 ай бұрын

STEPHINE KOPP MEEKS is who i work with look her

@spiceyfrenchtoast9421 2 ай бұрын

It's their problem, their investments. Previous performance is not an indicator of future returns . Turn them into housing!

@vladsaveluc2659 2 ай бұрын

Hard to do, not enough plumbing and no windows in the middle of the buildings

@Micah1Powell Ай бұрын

Only about 1 in 10 office buildings are realistically going to be able to be converted to condos.

@jaym9846 2 ай бұрын

I thought I'd been imaging a hole lotz of empty buildings for ears. Good to no, I'm not losing my mind (just my job).

@lokesh303101 2 ай бұрын

The move-in of the Mid range and the high end move from Suburbs towards Downtowns. It's like Reorientation of Floorspace Values Culturally and Economically for the Fixed highend prices that get from the UrbanSpaces towards Downtowns.

@aldoaldo2274 2 ай бұрын

I bought 300 shares utly today to get dividends

@jimbojimbo6873 2 ай бұрын

That reporter is STUNNING

@peterbedford2610 2 ай бұрын

Small banks, CRE paper holders and cities tax revenue loss. Sounds like a party

@iiio12 2 ай бұрын

It's just offices, nothing serious 😂

@gregduda6839 2 ай бұрын

When people give up on the idea of saving for a downpayment on a home in the present they will likely spend the money for other things which will help keep consumer demand elevated.

@user-uf1mb5bj4x 2 ай бұрын

Buckle up rides about to get bumpy

@brianoleson9224 2 ай бұрын

this guys piece of you no what. We have m2 doing what it hasnt done since the great depression it started to drop fast in 2022 a 90+ year record he hasnt even lived thru it hes got his eyes wide behind the camera ....