Counselors of Real Estate: Inflation and Interest Rates Top the List of Concerns
The effect of inflation and interest rates is the leading concern of The Counselors of Real Estate in its 2022-2023 report on the Top Ten Issues Affecting Real Estate. Geopolitical uncertainty and the impact of hybrid work round out the top three issues.
“It goes without saying this past year has been both vibrant and turbulent for the real estate industry,” said Marilee Utter, global chair of The Counselors of Real Estate. “But now we’re seeing the longer-term effects of the pandemic on real estate, and inflation levels and interest rates at a 40-year high are front and center as a driving force behind market volatility.”
Rounding out this year’s top 10 are the following: supply chain disruption, energy, labor shortage strain, the great housing imbalance, regulatory uncertainty, cybersecurity interruptions and ESG requirements forcing change. Click here for the complete report.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).