logo
episode-header-image
Jun 2023
13m 38s

Will empty offices hurt the US economy?

Financial Times & Pushkin Industries
About this episode

The persistence of working from home, the rise in interest rates, and job cuts in finance and tech all spell trouble for the owners of office buildings. How bad will it get? And will the troubles in commercial real estate spill over to the broader economy?


Links:

- Read the Unhedged newsletter on commercial real estate and office REITs.


For a free 90-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer


Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on Twitter. You can email Ethan at ethan.wu@ft.com.



Hosted on Acast. See acast.com/privacy for more information.

Up next
Yesterday
The secret giant of finance
Jane Street is one of the biggest traders in the world, and they have become embroiled in accusations of market manipulation in India. Today on the show, Katie Martin and special guest Robin Wigglesworth, from the FT’s Alphaville newsletter, try to explain how Jane Street got so ... Show More
22m 42s
Jul 8
Three surprises that might spook the markets
Despite looming economic problems, the stock market continues to climb. Today on the show, Katie Martin, Rob Armstrong and Aiden Reiter ask what could finally end the party. Also they go short consultants and short hot yoga. Sign up for the FT Weekend Festival at ft.com/festival ... Show More
22m 33s
Jul 3
The dilapidated dollar
The US dollar is having its worst year since 1973. And 1973 was a really bad year. As the US takes a break to celebrate independence from the UK, Katie Martin and Ian Smith discuss the glow-down of the greenback. Also they go long forensic accountants and long aged hedge funders ... Show More
22m 58s
Recommended Episodes
May 2024
56. Brexit benefits, accepting failure, and working in James Bond's office - Dominic Johnson: Minister for Investment
Can we attract companies to list in the UK by thinking more holistically? Are there any long-term benefits of Brexit? What's it like working in James Bond's office? Join Robert as he interviews Minister of State for Investment, Lord Dominic Johnson. Sign up to our newsletter to g ... Show More
58m 8s
Apr 2024
46. The end of the gig economy’s golden era
Will your side-hustle be taxed? Who will benefit from freeports? What does Britain’s gig economy mean for productivity? Join Robert and Steph as they answer all these questions on today's episode of The Rest Is Money. Sign up to our newsletter to get more insightful stories from ... Show More
28m 54s
Dec 2023
Pain In Commercial Real Estate Will Be Worse Than In 2008 Great Financial Crisis, Argues Veteran Office Investor Anthony Dilweg
Anthony Dilweg, veteran real estate investor and Founder & CEO and of Dilweg, joins Forward Guidance to share shocking information from the world of commercial real estate (CRE) in general and office in particular. Dilweg, whose firm owns over 5.5 million square feet of real esta ... Show More
1h 48m
Jun 2024
69. Does debt really matter?
Is this the first time since Brexit that the UK has something that the EU actually needs? What would happen if capital gains tax was applicable on all property? Do we need to increase the tax burden by to get better public services? Robert and Steph answer your questions. Sign up ... Show More
31m 29s
Oct 2023
Real Estate from Stressed to Distressed!
Ken McElroy, Danille McElroy, and Bobby Bull discuss the current state of commercial real estate. Bobby touches upon the challenges facing the sector, such as rising cap rates, interest rates, and expenses, leading to flat rents and reduced property values. Bobby offers insights ... Show More
44m 3s
Dec 2023
VREP #400 | Canadian Real Estate is Being Disrupted - And You Won't Believe What's Next! With Jeff King & Trevor Koot
Real estate is being disrupted... and it's happening faster than you think! This week for our 400th episode, Jeff King, CEO of the Real Estate Board of Greater Vancouver, and Trevor Koot, CEO of the British Columbia Real Estate Association, join Matt & Adam in studio to discu ... Show More
1h 36m
Jan 2024
Immo commercial : le guide complet (boulangerie, restaurant, médical) - Matthieu Degli Innocenti #147
www.domainedefontenay.com : Pour investir dans le château avec nous et rejoindre l’aventure avec des avantages exclusifs, inscris toi ici  avant le 07/12/2023  : www.domainedefontenay.com+10% de rentabilité en achetant les murs d'une boulangerie, d'un centre médical, avec une ges ... Show More
1h 10m
Jun 2024
64. How Labour could end the strikes with Mick Lynch
Does Starmer have what it takes to prevent future industrial action in the UK? Do we all have to pay a bit more tax to get the public services we deserve? RMT General Secretary, Mick Lynch joins Robert and Steph to answer these questions and more. Sign up to our newsletter to get ... Show More
51m 41s
Mar 2024
3D printed homes are here
Detroit is one of the first places to receive 3D printed homes as a housing option. The nonprofit, Citizen Robotics, is manufacturing parts to put together more “affordable” housing in less time that traditionally made materials. But how much does a 3D printed house cost? Plus: R ... Show More
14m 3s
Jun 2024
Citizens Financial CEO Bruce Van Saun Talks CRE, Interest Rates, And M&A
Citizens CEO Bruce Van Saun says that office-related issues shouldn’t be generalized throughout all commercial real estate and discusses raising the bank’s visibility in New York and being prepared in case of potential deals. He joins Bloomberg's Katie Greifeld.See omnystudio.com ... Show More
7m 58s