For those of you who are regular visitors to these pages, you know that we are not inclined to talk about politics. That said, we do sometimes weigh in when potential legislation that impacts commercial real estate comes up on radar. The run-up to big elections is often one of those times.

In the past few posts, we’ve focused on interest rates and the upcoming election’s effect on market velocity. We will probably get back to that again soon, but first, we turn attention back on our expanded 2024 update of our Wealth Cycle Series.