Thank you for helping us think about IE housing markets as entering a slowdown as opposed to an outright downturn.
Would you happen to have recommendations for reading about commercial real estate markets? I wonder if this slice of the real estate market is looking like it could possibly return to pre-Covid conditions, or if it appears to be altered for the long term.
Hi Andrew, thanks for your question! I don't have the answers because a lot of data on CRE is proprietary. However, UC Riverside does have a nice summary of this market, and from reading through it myself, it appears to answer your questions about recovery from the pandemic and so on.
Thank you for helping us think about IE housing markets as entering a slowdown as opposed to an outright downturn.
Would you happen to have recommendations for reading about commercial real estate markets? I wonder if this slice of the real estate market is looking like it could possibly return to pre-Covid conditions, or if it appears to be altered for the long term.
Cheers, and thanks.
Hi Andrew, thanks for your question! I don't have the answers because a lot of data on CRE is proprietary. However, UC Riverside does have a nice summary of this market, and from reading through it myself, it appears to answer your questions about recovery from the pandemic and so on.
See here, and thanks again for your question: https://ucreconomicforecast.org/index.php/services-for-business/publications/inland-empire-regional-intelligence-report/#commercial_real_estate.
Thanks Daniel, am looking forward to reading the UCR summary.