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Into the Great Wide Open: Why open-air centers are one of CRE’s shining stars

The Weekly Take from CBRE

CHAPTER

The Impact of Wage Growth on Consumer Credit Growth

Spencer: We are dealing with an environment right now that has two ends of the spectrum. The consumer is still hanging in there doing well because of wage increases. But now we are beginning to see the amount of debt going up again. Spencer: I think, and I've been on record about this, if we have a recession, we're going to have a rich person recession. Do you agree?

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