NEW YORK CITY—As the city, and the nation, settles into a new year—and life under a new US President, real estate professional Donald Dye, founding partner, Sky Lake Partners, examines the impact of inflation, and the value of the dollar on real estate pricing amid these shifts in this EXCLUSIVE interview with GlobeSt.com.
GlobeSt.com: In a recent report, you said that inflation—as indicated by the Consumer Price Index—will be a greater determinant of the city's residential prices rather than the value of the dollar. Why?
Donald Dye, founding partner, Sky Lake Partners: I looked at the relationship between the level of the dollar and i nflation versus New York real estate prices. One can see very different graphs , and therefore very different relationships. In the case of the dollar versus real estate prices, the graph is scattered with very little discernible pattern , appear ing almost random. Yet i n the graph of inflation versus New York r eal e state prices , there is a pronounced and linear pattern—higher inflation corresponds to a higher level of real estate prices.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
