Hi All
Here is a link to a Podcast on the US Property Market:
https://www.theinvestorspodcast.com/episodes/navigating-a-real-estate-market-on-the-brink-w-patrick-carroll/
Transcript available at the above address.
Summary of points:
1. Multi family market solid, despite interest rate rises impacting broader US market (Pennybacker and Banner Oak)
2. Commercial market impacted by interest rate increases (believe Banner Oak has minimal exposure to this sector)
3. Residential market in trouble (no exposure)
4. Industrial/Logistics - not discussed
5. Delinquencies are starting to tick up, inflation impacting affordability.
Best of Luck
Lost
Interesting Podcast on US Property Market
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 (20min delay)
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Last
$10.88 |
Change
-0.130(1.18%) |
Mkt cap ! $567.9M | |||
| Open | High | Low | Value | Volume |
| $10.96 | $11.00 | $10.77 | $427.4K | 39.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5886 | $10.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.00 | 41576 | 4 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PAC (ASX) Chart |