Welcome to the New Age, An Economic Opinion for CRE in 2022 and Beyond
Everyone would love to have a crystal ball so they can see events before they actually unfold. About the best we can do is avail ourselves of the learned opinions of professionals and academians in whatever field we're concerned with. The following video is from the KW Commercial Symposium that was held on Tuesday, March 1, 2022 in Houston at the KW Commercial Energy Corridor office and is a presentation given by Dr. Mark Dotzour, formerly Chief Economist of the Real Estate Center at Texas A&M University in College Station. regarding impending economic changes here in the U.S. and how he believes they may pertain to commercial real estate in Texas over the next year or so. In a nutshell, Dr. Dotzour sees rapid growth in industrial demand and development, especially along the NAFTA routes between Mexico and the U.S., and a boom for the Houston Ship Channel, and ancillary deepwater ports such as Freeport.