The stars aligned in the wrong location because the pandemic took a hit. San Francisco needs it more than anything else because housing prices are out of control. There is going to be a back to work, but we will see the bad stock exactly like third avenues.
Allison Schrager, Senior Fellow at the Manhattan Institute and Bloomberg News Real Estate Reporter Patrick Clark discuss how home prices in the US rose for a third straight month, pushed up by growing buyer demand for a tight supply of listings. Michael Shvo, Founder and CEO of SHVO, shares his thoughts on the commercial real estate market, Bloomberg Technology Co-Host Ed Ludlow joins the conversation. And we Drive to the Close with Christopher Zook, CIO of CAZ Investments.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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