Are we there yet? Fed rate cut finally here. -Episode 167
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Episode 167 of the Good Life Housing Partners podcast, hosts Rohan and David discussed recent economic developments following Jerome Powell's anticipated interest rate announcement. David expresses optimism about potential rate cuts, highlighting recent positive trends in wholesale inflation (PPI) reports. They debate the likelihood of a 25 vs. 50 basis point cut and its implications for the economy.
The conversation shifts to the office real estate market, with a focus on Century City in LA, where a new wellness concept by Sam Nazarian and Tony Robbins is set to launch. They contrast this with challenges in downtown office spaces and the increasing cap rates for Class B and C buildings, attracting investors despite economic uncertainty.
Finally, they touch on the broader market sentiment, predicting institutional investors may return sooner than private investors, with multifamily properties expected to outperform in the near future.
Then discussion moves on to recent movie and upgrade experiences. A Netflix movie that, while not great, has garnered significant attention. They also mention an older, disappointing film about a CIA group. The conversation shifts to personal upgrades, including a new portable phone charger that's convenient for travel, and a recent hotel stay with unexpected fees that prompted a new segment idea: "Upgrades or Downgrades." The hotel was nice overall, but the extra charges for basic services were frustrating. Lastly, they touch on exploring new apps for speed reading and the advantages of using audiobooks to fit reading into a busy lifestyle.
#InterestRates #JeromePowell #PPI #Inflation #OfficeMarket #RealEstate #CenturyCity #InvestmentTrends #MultifamilyHousing #GoodLifeHousingPartners #INvestingWithGoodLife
#Netflix #TravelUpgrades #HotelStay #UpgradesOrDowngrades #PortableCharger #SpeedReading #Audiobooks #Procrastination #ListeningWhileYouWalk
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