Dr Chandan's Lead Indicator: "Dangers of Decoupling: Don’t Call It a Bubble, But Investment Outpacing Cash Flow"
Commercial Observer reports: In the latest article of his weekly Lead Indicator column in the Commercial Observer, Real Capital Analytics’ global chief economist Dr Sam Chandan discusses the concerns presented by the possible decoupling of commercial real estate and the broader economy, which is particularly apparent in New York City and other major markets.
In this week’s article, Dr Chandan states that on one hand, “New York City's commercial real estate investment market has rebounded strongly over the course of the past year. Sales volumes and pricing metrics have both climbed from their lows, outpacing improvements in other major markets.” On the other hand, however, he reminds that, “the observable improvements in investment activity have not yet been matched by gains in jobs or in the broadest measures of property fundamentals.” This divergence in trends could lead to some short-term gains, as well as some long-term troubles.
For his full analysis, please read Dr Chandan’s article on the Commercial Observer’s site.
View the full article on Commercial Observer: Dr Chandan's Lead Indicator: "Dangers of Decoupling: Don’t Call It a Bubble, But Investment Outpacing Cash Flow"
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Posted by: Nina Turner