Leaning In The 2024 State of the Real Estate Economy with Dr. Peter Linneman
In this episode of Leaning In, we welcome back Dr. Peter Linneman, authority on real estate economics and principal at Linneman Associates, for an update on the current economic landscape. Peter shares his predictions for 2024, discussing pent-up demand, inflation, and the Federal Reserve's role. He also sheds light on how housing data affects inflation measures and the impact of lower interest rates on capital markets. Plus, broader trends like shifts in healthcare costs and demographics.
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Topics:
(00:00:00) - Intro
(00:02:10) - Peter’s thoughts on the state of the economy
(00:14:49) - Predictions for the next 6 months
(00:25:56) - Rate cuts
(00:29:08) - Covid relief funds still on the sidelines
(00:40:00) - Predictions for capital markets
(00:43:08) - The multifamily market through 2026
(00:45:08) - The retail market through 2026
(00:48:06) - Mega trends for the rest of the decade
(00:52:15) - What is the one prevailing thought economists are wrong about?
(00:54:34) - How the 2024 election will impact the economy