Weekly News Update August 4, 2023 - Has the world changed, CRE crowdfunding playing defense, US debt problem
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Description
Tune in to hear updates and commentary from Adam Gower Ph.D., GowerCrowd, and David Saxe, Calvera Partners, about the major news stories this past week (week ending August 4, 2023) in the commercial real estate industry: Stories we cover today: Has the world really changed? If people never again shop in malls or work in offices the way they did before the pandemic, how safe are the fortunes they piled into bricks and mortar? Reference article: https://www.reuters.com/business/finance/commercial-real-estate-investors-banks-buckle-up-perfect-property-storm-2023-07-30/ Real Estate Crowdfunding on the back foot, playing defense: Reference article: https://laweconomicscapital.com/2023/08/crowdstreet-fool-me-twice/ US debt problem: slow moving train wreck, AKA Grey Rhino, or total non-issue. Reference article: https://www.wsj.com/articles/americas-fiscal-time-bomb-ticks-even-louder-e2934f65
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