Economist's View

The View from the Peak: Winter is Coming
After a decade of economic expansion, prosperity continues. But tightening by the Federal Reserve is likely to weaken consumer and business buying power, thereby dampening growth, contends NAR's George Ratiu.
Wanted: Healthy Skepticism
Technology is undoubtedly changing commercial real estate, but is it overstating the case to call these changes revolutionary? Real estate economist Hugh F. Kelly makes the case for healthy skepticism that can help companies avoid unwise strategic choices.
Real Estate for the Long Run
Current market conditions and history favor investors with upper single-digit return expectations over a 10-year hold and an ample debt coverage cushion.
An Overnight Economic Success Story
The NAR economist weighs wide-raging indicators and their importance for the commercial real estate sector.
A New Route for the Decade Ahead
The moderate economic growth after the recession along with risks of a downturn and stricter immigration policies are just some of the reasons why investors should plan their long-term strategies thoroughly.
Tossing the Affordability Coin
NAR economist George Ratiu discusses how rising student debt levels impact the largest share of homebuyers—Millennials—and how the affordability landscape is shaping up across several major metros.
The Big Policy Shift: Gauging the Impact
How will changes in taxation, regulation and other areas affect the job market and real estate’s prospects over the next few years? Here’s what to look for.
The Impact of Tax Reform
Dr. Peter Linneman examines the biggest effects the Tax Cuts and Jobs Act will have on the commercial real estate industry.
A Partly Sunny Economic Outlook
NAR economist George Ratiu evaluates our emergence from last recession’s winter into an economic spring, marked by steady growth of the global economy.
Slowing Ahead
In this month’s Economist’s View, Hugh Kelly explains why you should prepare for a recession that’s likely coming in 2019.
EPA Deregulation’s Increased Risk for Real Estate
It is the business of insurance companies to price risk. Insurance, in fact, has been doing this since the second millennium B.C., as evidenced in the Babylonian Code of Hammurabi.
Entitlements, Taxes and Budget Woes
Entitlement spending has so dramatically expanded that it is literally impossible to balance the federal budget without addressing promises made in the past.