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Topic
Real Estate and the Ticking Debt Bomb
Date & Time
Selected Sessions:
Feb 16, 2023 07:00 PM
Description
Political polarization in the U.S. Congress presents a clear and present danger not only for the U.S. economy but for the global economy. Though unlikely, what are the consequences should Congress fail to raise the debt ceiling and the U.S. defaults on its $31.5 trillion debt? What's the effect on commercial real estate? A confluence of defaults in the primary and secondary debt markets could be catastrophic. Will investors continue to place their trust in U.S. investments, including real estate, and what's the repercussion for asset values?
Moderated by Kerrianne Lappin, CRE®
Panelists:
Lonnie Hendry, Jr., CRE®
Brian Bailey, CRE®
Dennis Schoenmaker, Ph.D.