Commercial RE summit.

At a large summit for commercial real estate investors, the topic of boom or bust came up. It's remarkable, but they admitted that prices will come down. Unheard of. Real Estate is cyclical they say. Really? Where is David Lareah? Though they predict a decline, they say it is not going to be like the internet disaster. With the degree of leverage we have in the market, it's hard to see a soft landing in a rising interest rate environment.

RE is cyclical