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Amid Economic Uncertainty, CRE Investors Are Urged to Think Long Term

What we can learn about the next five years by looking back at the past five years.

By Kristen Smithberg | April 03, 2025 at 04:55 AM

With the country in the grips of elevated economic uncertainty, some investors are pushing the pause button. But Marcus & Millichap’s global director of research and advisory services, John Chang, said investors should consider one important question: What were you doing five years ago?

“Normally, I couldn’t tell you what I was doing five years ago, but this week, I actually do know,” he said in a research video. “I was transitioning to a whole new world. My entire team was shifting to working from home as the COVID outbreak hit like a tidal wave.”

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