REI160: The Fundrise Approach w/ Ben Miller
The Intrinsic Value Podcast - The Investor’s Podcast Network
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What's Your Forecast for 2023?
The entire financial system is going to go through a lot of distress next year. Interest rates were basically zero from 2008, 2022, there were zero. The average physical occupancy in an office building is 50%. And so as leases roll over, in least occupancy comes down, you're going to just see tens of billions of dollars worth of loan defaults. So that's macro. On a micro office is going to get destroyed because it worked from home.
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