What’s the long term CRE outlook?
How Aging Millennials Could Boost The Economy and CRE
Millennials Aging Into Prime Spending Years
Americans aged 35-54 spend the most money of any age groups
This population segment is expected to grow by 5 million people in the next 10-years
The Great Wealth Transfer Could Bolster The Economy
The baby-boomer generation is the wealthiest in U.S. history, will transfer an estimated $70T-$90T to the younger generations over the next 20 years
This wealth will give millennials and younger Americans even more spending power moving forward
Investors Should “Skate To Where The Puck Will Be”
Many investors are focused on current headwinds, but its important to make decisions based on long-term expectations
CRE properties will benefit from heightened consumption, so now could be a great time to get ahead of the trend
Sources: Marcus & Millichap Research Services, Federal Reserve
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