The chapter explores the recent rise in US home construction, highlighting the challenges posed by high interest rates in the real estate market. The guest, a CEO of a wealth management firm, shares insights on their focus on real estate investing in the Southeast region, discussing their strategy of renovating older multifamily properties to cater to the demand for affordable housing. The conversation delves into market rate housing targeting middle-income households, trends post-COVID, investment opportunities, supply and demand dynamics, as well as the impact of increasing rates on asset acquisition and business operations.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg News US Semiconductor Reporter Ian King and Bloomberg News Senior Editor for Technology & Strategic Industries Michael Shepard discuss the Biden administration, facing pushback to its chip crackdown on China, telling allies that it’s considering using the most severe trade restrictions available if companies such as ASML continue giving the country access to advanced semiconductor technology. Michael Sansoterra, CIO Silvant Capital, talks about investing in growth stocks. Bloomberg Businessweek Editor Brad Stone shares the details of the Businessweek Magazine cover story Trump on What He’d Do With Taxes, Tariffs, the Fed and More. Thomas Carroll, CEO at Ballast Rock Asset Management, explains how lower interest rates could impact residential real estate investing. And we Drive to the Close with Callie Cox, Chief Market Strategist at Ritholtz Wealth Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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