Permanently Low Interest Rates

[Derek Petersen]

Has anyone thought about what a permanently low interest rate environment looks like? Which strategies will dominate? For example, my end game has always been to hold real estate and ultimately carry back after rates go back to 7-8%. Maybe that never happens. Also, will cap rates continue to compress? Maybe we need to study Japanese real estate trends to get a glimpse of where we are heading?

Thoughts?