Inflation, Interest Rates Cited As Top Issues For Residential And Commercial Real Estate
By KIMBERLEY HAAS The global chair of The Counselors of Real Estate says inflation and interest rates are this year’s leading concerns of his 1,000-member organization. At the National Association of Real Estate Editors conference at The Westin Buckhead in Atlanta, GA, William McCarthy said everyone they talk to wants to know about inflation and interest rates. The Counselors of Real Estate is an international consortium of commercial property advisors which has posted a top ten list of issues affecting real estate for 11 years. “Inflation dictates interest rates. Interest rates dictate inflation,” McCarthy said. McCarthy told the crowd they have some questions about the current interest rate narrative. “Interest rates are supposed to go up a little bit more, level,…