249: Brian Adams - Inflation, Commercial Real Estate, Demographics

Founder of Excelsior Capital, Brian Adams joins Jason Hartman today to discuss everything from millennials moving to the suburbs to the office market and how it’s changing post-pandemic. Public transportation is likely to continue its trend downward as the car will regain popularity in need for social distancing and health.  Key Takeaways: [2:30] Millennials, it’s not all Brooklynn bars and avocado toast, now they are trending towards suburban areas.  [7:00] Speaking on the logistical challenges of a vaccine for COVID-19 [9:15] What do you see for the office property market? [11:30] Suburban offices have a better chance of surviving the pandemic than high-density urban areas. [14:15] Companies moving more towards mothership and hub and spoke models.  [15:15] Are any new deals going on in the office market? [16:00] How far through this pandemic do you think we are? [17:20] The fed and congress have been flooding the capital market system with liquidity.  [21:45] Will the development of tech push non-techies into a need for UBI?  [22:25] Discussing office reuse.  [25:45] Inflation will more than likely hit back. [27:00] While the supply chain might be lacking, the price of construction seems to be substantially lower. Websites:  ExcelsiorGP.com LinkedIn: Brian C. Adams JasonHartman.com/Asset JasonHartman.com/Webinar www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN