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Non-Tech : Kirk's Market Thoughts
COHR 166.69+7.9%3:59 PM EST

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To: Kirk © who wrote (9628)5/3/2020 6:34:57 PM
From: robert b furman  Read Replies (2) of 26448
 
Hi Kirk,

Real estate is quite an all encompassing subject.
Commercial real estate has more pain coming.

Single family and multifamily. Not so much.

Millennials are actually (finally) forming households.

There is a huge shortage of single family real estate available in the market. With mortgages at recor lows, and millennials coming on (after a long delay), I think they buoy the market.

This Covid 19 has pushed many into e commerce for all items - even groceries and doctor calls.

This will create less demand for retail commercial space. The trend I think has accelerated.

Good locations - no problem. Marginal locations - an accelerating problem with regard to commercial space.

Bob
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