“Putin’s Inflation” – Really? Our politicians attempt to pass the blame for rising prices on the recent war doesn’t hold up to facts. Inflation hit 5% in May of 2021 and increased each month with the exception of one month. Inflation hit 7% in December of 2021, 7.5% in January 2022, and 7.9% in February of 2022 – all before Putin invaded Ukraine. Inflation is taking its toll on commercial real estate – both landlords and tenants. In today’s podcast, we take a deep dive at the rising inflation tide and its effect on commercial real estate.
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Jorge Morales is President of Blue Box Real Estate, LLC, an independent commercial real estate firm in South Florida. Find us at www.blueboxre.com.