John Chang shares a deep-dive outlook on the major forces shaping commercial real estate investing in 2026. He explains why job growth is expected to slow significantly, how policy uncertainty and AI-driven productivity are restraining hiring, and what that means for absorption and vacancies across property types. Chang also breaks down interest rate expectations, inflation risks, and why pricing is likely to remain relatively flat despite improving liquidity. He closes with a detailed look at institutional capital returning to the market, where that money is likely to flow, and how private investors can position themselves for stronger relative returns in 2026.
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