On this Walker Webcast, Willy welcomes Dr. Peter Linneman. He is the principal of Linneman Associates, KL, Realty, and American Land Fund. He is cited as one of the 25 Most Influential People in Real Estate by Realtor Magazine and one of the 100 Most Powerful People in New York Real estate by the New York Observer. He is a highly sought-after speaker and author with his quarterly research, The Linneman Letter. Willy begins by citing a quote from The Linneman Letter, “​​The increases in interest rates to date will enhance economic growth, not cause a recession.” Dr. Linneman says, “of course.” He mentions that valuable things shouldn’t have zero price if the goal is maximizing resource efficiency. Interest rates going up to a certain point give a better signal of where money should flow. And that will enhance economic output. It is not where interest rates are; it’s the journey.

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