At the ULI Spring Conference in Detroit, I moderated a lively panel of four economists discussing their thoughts on the ULI Real Estate Economic Forecast for 2018 to 2020.
Our discussion centered on three topics: interest rates, property sectors, and tax reform.
The bottom line was that:
industrial seems to be faring best due to ecommerce needs; and
interest rates and tax reform may have a near-term impact, but not a significant future impact on real estate as the markets have already integrated these two changes into pricing to some extent.
Tags: Merrie Frankel, Minerva Realty Consultants, ULI, ULI Spring Conference Detroit, ULI Conference