2min chapter

The Weekly Take from CBRE cover image

Don’t Look Back: What’s Ahead for the Commercial Real Estate Industry

The Weekly Take from CBRE

CHAPTER

The Impact of the Boom and Manufacturing on Real Estate

Is the labour market too tight or what in fact is causing wages to increase if we're at the same basic level on unemployment we were pre-bandemic? A very interesting question, I think you will remember that pre-pandemic 2019 interest rates were going up to try and slow the economy down. We are not seeing quite the reduction in construction costs that we would because a lot of that construction resource is going into building structures for that manufacturing revival. So that's an odd thing that is happening that we wouldn't have expected.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode