On Wednesday, I spoke at the Newport Chamber of Commerce 2020 Economist Forecast. It was sold out - thanks to all who attended (parking was a problem). Here is most of the slide deck I presented . I discussed the two most frequent questions I'm asked: Are house prices in a new bubble? And will there be a recession in the next 12 months. I also discussed some commercial real estate sectors (but I was limited to 20 minutes). The short answers are: House prices might be a little elevated based on fundamentals, but there is very little speculation - and there is no Bubble 2.0. And on a recession: ......(
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