Impact of War with Ukraine on U.S. Real Estate

[Alessandra Verbena]

Perhaps we will find out in the next couple of days one way or another if this will escalate further, what if Russia does invade Ukraine and the U.S. gets involved? Without going too deep, I am seeing speculation on a range of impacts here in the U.S., from impacts to the technology sector, to food and gas prices rising as a consequence. Let's say the worst case scenario happens and Russia invades and the U.S. steps in, what immediate impact will this have to the U.S. economy and subsequently real estate? Anyone seriously considering or holding off on any acquisitions as a result?

[Joe Splitrock]

Quote from @Account Closed:

Quote from @Alessandra Verbena:

Perhaps we will find out in the next couple of days one way or another if this will escalate further, what if Russia does invade Ukraine and the U.S. gets involved? Without going too deep, I am seeing speculation on a range of impacts here in the U.S., from impacts to the technology sector, to food and gas prices rising as a consequence. Let's say the worst case scenario happens and Russia invades and the U.S. steps in, what immediate impact will this have to the U.S. economy and subsequently real estate? Anyone seriously considering or holding off on any acquisitions as a result?

 No, Russia won't invade Ukraine. There are several reasons why, but if you listen to Ukraine instead of Biden, you will understand. Biden wants the diversion because he is doing so poorly. It just ain't gonna happen.

Even if they had a brief skirmish, it wouldn't impact real estate in the USA.  

What you need to watch are the Fed's interest rate increases and U-6 Unemployment Rate. Real Estate is local, not international.

 This prediction aged badly. Eleven days later and Russia has invaded Ukraine, asking them to lay down arms and surrender. Hard to say where this goes, but the immediate impact on the energy sector will have global ramifications. Everything we consume has energy costs built into it. Saudi Arabia has made strategic agreements with Russia and refuses to increase oil output. China is giving a nod to Russia, probably because they see opportunity to move into Taiwan. I agree real estate is local, but our economy is global.