The Walker Webcast
Dr. Peter Linneman, Leading Economist, Professor Emeritus, The Wharton School of Business Part 21
Apr 17, 2025
Dr. Peter Linneman, a distinguished economist and Professor Emeritus at The Wharton School of Business, joins the conversation to dissect pressing economic issues. They delve into the potential impacts of tariffs on GDP and inflation, alongside the complexities of the housing market facing skyrocketing prices. The discussion also highlights the disconnect between economic sentiment and reality, scrutinizing retail sales statistics. Listeners are urged to focus on economic fundamentals amid market volatility and evolving consumer dynamics.
56:14
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Quick takeaways
- The podcast emphasizes cautious optimism among commercial real estate developers despite skepticism towards economic policies and concerning economic indicators.
- A significant discussion on tariffs suggests they could raise inflation by 1.2% and negatively impact GDP by 1.7%, hindering economic growth.
Deep dives
Perspectives on Economic Sentiment
The podcast highlights varying perspectives on the current economic situation among a group of commercial real estate and multifamily developers. Audience members were asked to share their views on the economic policies of the Trump administration, revealing a predominance of skepticism about policy effectiveness. Most respondents believed that while the policies were not ideal, they would not ultimately result in disaster. This sentiment underscores the cautious optimism prevalent among industry leaders despite concerning economic indicators.
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