The Real Estate Time Machine

10 year yields which underpin commercial and residential mortgages are forecasted to remain higher for longer. Softening prices should follow.

Inflation up to 8.6%. Highest in 40 years. Fed will remain hawkish. Higher rates => equity prices headed lower.

This is going to be an interesting trend to watch after Corona. The move from the city to the suburbs is gaining momentum.

Manhattan new rentals plunge 71% as coronavirus freezes the market New leases for Manhattan apartments plunged by 71% in April, and vacancies soared as the rental market froze during the coronavirus pandemic and more residents left the city, according to a new report.