What’s Next for the Economy with Jackie Greene | EP165

Jackie Greene is Vice President of Economics. Jackie has been serving ITR Economics’ clients since 2005. 

Over the years, Jackie has proved to be a critical member of the ITR Economics team. She has elevated her skills and expertise, reaching new heights in advanced forecasting, gaining a deep understanding of the business application of ITR Economics’ trend analysis, and developing a keen awareness of how to incorporate our insights into business strategy best.

In this episode, we talked about:

• Jackie’s Bio & Background
• Passion of Economics
• Current Real Estate Environment
• Inflation
• Interest Rates Policy
• Debt Market Overview
• Debt Income Metrics
• Recession
• Industrial Space
• Employment Issues
• US Economy Opportunities

Useful links:

https://hubs.la/Q023QSkD0

Transcriptions:
Jesse (0s): Welcome to the working capital real estate podcast. My name's Jessica Galley And. on this show we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. All, right. ladies and gentlemen, you're listening to working capital. My name's Jesse Fragale and my guest today is Vice, president of Economics Jackie Green of ITR. Economics. How are you doing Jackie?

Jackie (32s): I'm doing great. Thanks for having me.

Jesse (34s): Pleasure to have you here. This is your first time on the podcast. So what we typically like to do with, you know, with new guests on the show is talk a little bit about your background as it relates to real estate and Economics and kind of how you made it through, through the journey to where you're at today.

Jackie (52s): Well, let's see. I have been with ITR Economics since 2005, so that means I was here prior to the housing boom and the housing bust, well actually the early part of the housing boom and the bust. So I've seen the whole runup, I've seen all sorts of crazy situations. It's been really fascinating from an econ standpoint. But I also am human and recognize that these are real. People realize everyone's actually skin in the game. This is not a real numbers only game, but I try and look at it from a numbers perspective so that you can make more informed decisions and help you put you and your family and your circle of who matters to you in a better position.

So that's the take I always have on is no emotional impact, but just helping you have the information so you can make a better decision.

Jesse (1m 37s): Right on. So was was Economics what I mean that was, I assume your path in in school and it's obviously a passion today. How did, what was that like, just kind of how did that roll out? I find that people in this field sometimes come from different, different places. Happy to hear that.

Jackie (1m 56s): Well actually, I've officially been working for ITR since 2005, but realistically I've been quasi involved with the company since I was probably about 10 years old. So it's been one of those things that I've always had interest in. I've always been trying to figure out what's going on and really I love this stuff because it helps me see what's coming next. It helps me know the future so I can plan better, be in a better position for me, my family and help the people around me. So once you kind of see that, you get to see the future first, you can't imagine doing anything else. Yeah,

Jesse (2m 25s): That makes sense. Okay, so let's dive into a little bit about kind of the current environment. It's topical right no