Nov 29, 2022 - 0 Comments - Economy -

Video: CCIM Economist KC Conway Discusses What Lies Ahead

KC Conway, aka The Red Shoe Economist, joins Americas Commercial Real Estate Show to discuss expectations for interest rates, pricing discovery, and opportunities in the current commercial property market. The discussion begins with frustration expressed about the Fed’s actions to date. He notes that the Fed is essentially, by its actions, telling lenders to quit lending because it is inflationary, and that he keeps hearing of deals blowing up due to the banks backing away. He talks about expenses outpacing rent growth and the effects of value. KC believes we are absolutely in a recession already, and goes into detail about 6:30 into this as to why he believes this. The summary for this video is that KC Conway sees some choppy times ahead, but remains a long-term optimist.