CBRE EA Blog: Deconstructing CRE

  • Multifamily to get big boost from new tax plan

    Apr 25, 2018, 15:36 PM by Tim Savage
    The tax benefits of renting a home vs. buying will increase in 29 of the 35 largest U.S. markets—up from 15 markets before tax reform. Limitations on state and local tax deductions and the loss of the mortgage interest deduction on home purchases above $750,000 will marginally impact housing costs in high-cost markets, but will have negligible impact on population flows. The overall economic impact should be positive, but it's uncertain for how long, given the reform's late-cycle timing and the question of whether corporate tax savings will be sufficiently reinvested to cause job growth.
  • A more accurate historical measure of real estate stock

    Apr 6, 2017, 10:06 AM by Jing Ren
    In maintaining a historical time series of real estate stock, the industry standard approach is to calculate past quarters' stock levels by subtracting buildings from the current level according to their ages. This method doesn't account for buildings that were demolished, however, so the standard measure of historical stock is, by definition, an underestimation. To see if we can address this, we are developing a “gross” stock series that adds back...
  • February retail sales disappoint; economic and immigration policy are risks

    Mar 16, 2017, 11:42 AM by Jing Ren
    With weakness in most segments, February retail sales disappointed. Delayed tax refunds and immigration policy may have contributed to the weak retail sales—the latter a particular source of concern for retailers in markets with large immigrant populations. Policy on immigration and the economy may represent the greatest risk to retail markets over the coming quarters.
  • It's not a recession you should be thinking about... It's three recessions

    Feb 16, 2017, 22:08 PM by Jing Ren
    Every economic recession has its unique origins, but it can also usually be characterized by the macroeconomic scenario that sparked it. The three scenarios that typically cause recessions have unique impacts on individual markets and property types and are the key to understanding how your portfolio will weather recessions to come.


redirect pin user minus plus fax mobile-phone office-phone data envelope globe outlook retail close line-arrow-down solid-triangle-down facebook globe2 google hamburger line-arrow-left solid-triangle-left linkedin play-btn line-arrow-right solid-triangle-right search twitter line-arrow-up solid-triangle-up calendar globe-americas globe-apac globe-emea external-link music picture paper pictures play gallery download rss-feed vcard