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In today's episode, 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. He compares the journey to a Thanksgiving visit at Grandma’s, “It’s not perfect. There’s tension, but it’s generally pleasant.” Tune in to this new episode of the Walker Webcast — The Most Insightful Hour In CRE with Dr. Peter Linneman, Leading Economist, Professor Emeritus, The Wharton School of Business. ▶️ Key Points In The Webcast: 01:27 Willy revisits last year’s economic situation 04:58 Dr. Linneman’s insights on where it’s headed 11:48 Why markets are pessimistic 14:22 Misconceptions about the current GDP 17:49 Fear triggering a recession 19:47 Single-family housing and inflation 26:23 Multifamily cap rates 29:14 The future of capital and why sell multifamily 32:12 Avoiding shiny objects 37:31 Opportunities for lenders and why people are building 40:58 Returning to the office and the illusion of productivity 48:37 Earnings vs technology 46:32 Fuel prices and senior housing 56:05 Being optimistic about where we stand 59:55 Hiring in today’s world GET NOTIFIED about upcoming shows: » Subscribe to our YouTube channel here: / @walkerdunlop » See upcoming guests on the #WalkerWebcast here: https://www.walkerdunlop.com/webcasts/ Related webcasts: Tune in on Wednesdays for fresh perspectives about leadership, business, the economy, commercial real estate, and more! #WillyWalker hosts a diverse network of leaders as they share the wisdom that cuts across industry lines.