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SketchySeaBeast
on June 7, 2023
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A new CEO says employees can’t work remotely after...
Well, the total market for Commercial Real Estate in the United States is about $20 Trillion. That's pretty big.
refurb
on June 7, 2023
[–]
That’s value of all assets, not just annual GDP of commercial real estate.
It’s less than 10% of all US assets ($270T).
SketchySeaBeast
on June 7, 2023
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Personally, I think 7.5% of all US assets is a HUGE amount of money and power.
refurb
on June 8, 2023
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US residential real estate is worth $43T, so about double. Does that mean home owners have lots of money and power?
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