The Deal on Real Estate
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 23 December 2023
⏱️ 30 minutes
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| 0:00.0 | You know, right now it's hard to see. |
| 0:02.5 | Could rates fall that much? |
| 0:04.5 | Our home price is gonna fall? |
| 0:05.9 | That's gonna be, you know, hard to see. |
| 0:07.4 | And can we really realistically kick-start a lot more building? |
| 0:11.5 | You know, I think Zillow's latest data says we're still short something like 4.3 million homes, you know, given the demand. And it just feels like since the financial crisis, we've never been able to close that gap and gosh it's hard to see it closing anytime soon |
| 0:29.6 | I'm Mary Long and that's Motley Fool's senior analyst Matt Argersinger. |
| 0:34.0 | Future Willard caught up with Matt and Fool analyst Anthony Chivone to look back on the year that |
| 0:38.6 | was in the world of real estate. |
| 0:41.0 | They discuss our changing relationship with work and its impact on the future of cities, why more Americans are locked into their current homes. |
| 0:49.0 | Plus, win, and where. You just might want to follow the asset managers. Let's start with 2023. What is your biggest headline for the year, Matt? |
| 1:15.0 | Well, 2023 for me, and I hate to start this wonderful show |
| 1:20.3 | on maybe a dire note, but I think 2023 to me really put the nail in a coffin for traditional |
| 1:26.3 | office real estate. Entering the year, I felt like there was, you know, we were sort of |
| 1:31.6 | beyond the worst of the pandemic. |
| 1:34.4 | Companies, corporations, you know, business was getting back to normal and we were kind of |
| 1:39.9 | embracing maybe a more hybrid work schedule. |
| 1:44.1 | And I just thought that that was going to bring back, |
| 1:48.6 | you know, a little bit of more traditional office, |
| 1:50.3 | bring back the demand, |
| 1:51.1 | bring back the activity, the office visits, the occupancy, and boy it didn't. |
| 1:56.1 | And I think for a certain segment, particularly of office, class B office, I think the nail is in the coffin. |
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