Surveillance: Central Bank Roundup with Posen
Bloomberg Surveillance
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The Impact of the Fed Funds Rate on Values
The distress is really going to be in that construction and transitional financing space, maturities in the 2023 through 2025 range. We would need to see rent growth or cheaper inputs into the development process in order to see development continue at pace. Immigration has actually kicked off very strongly over the last few years coming out of the pandemic. It's a huge part of a discussion in America.
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