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Long-term bonds are falling in price, making deficit spending even more expensive.
Differentials between sale prices and REITs’ share prices are why.
Lawyers and financial experts are still trying to understand the implications.
Construction activity decreased, with materials and financing costs acting as a brake.
CRE is the fourth largest asset class in the U.S.
The assumption of expanding growth has taken some hits.
The inflation increase and the big job numbers don't bode well for more rate cuts.
A reversal in macroeconomic trends and policies is always possible.
He is concerned about immigration issues and government debt.
However, conditions aren’t out of the woods yet, says Trepp.