The Forming Demographic and Market Wave: How to Invest Amid Change
“We have determined this is the time to sell and it is also the time to buy … and this has nothing to do with the fact that we are a brokerage company,” said Marcus & Millichap President and CEO Hessam Nadji during a two-part keynote presentation on big picture demographics and commercial real estate investing, presented at CRE.Converge 2019 in Los Angeles.
He highlighted the fact that the economy is strong and there are currently more job openings than there are people looking for work. Since 2007, the economy (in terms of GDP) has grown $6.7 trillion. These factors are all positive indicators for the real estate industry.