April's Consumer Price Index (CPI) data showed shelter prices increased 5.5% year over year, adding to the already costly price of housing investment. With mortgage rates high and housing inventory low, how can investors find a good entry point into the housing sector?
Morgan Stanley Real Estate Investing Co-CEO Lauren Hochfelder joins Wealth! to break down Morgan Stanley's real estate investing megatrends and advise investors on what to consider when investing in the housing sector.
Hochfelder notes that growth in e-commerce will drive demand for warehouses, creating "a complete realignment in the global supply chain. So simply put, the supply chain of the last 20 years will not be the supply chain of the next 20. We're doing a U-turn on globalization. All these event driven supply shocks. And again, as companies are forced to rebuild their infrastructure in response to a realigning supply chain, that too drives demand for warehouses.
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This post was written by Nicholas Jacobino