Cold still kills more humans worldwide than heat, so global warming is good for humans. 

I have been a landlord in New Jersey in the student housing sector for over 15 years. 

So one way to change incomes is ERASE foreign nations competitive advantage in sectors, better known as TERIFFS.

CA taxes residents on worldwide income but may provide a credit for taxes paid to other states.

Their total assets under management for is expected to top $5.4 Trillion in the next six years totaling more assets than hedge funds.In total, the worldwide wealth of families with private offices is expected to exceed $9.5 trillion in the same time period. 

The CRE lending market is expected to recover gradually, with opportunities emerging as interest rates stabilize and maturing loans drive new borrowing activity.Some regional banks are certainly struggling while others are consolidating in bid to become national powerhouses.Revised CRE Lending Projections2024: 26% growth to $539 billion (down from previous 34% growth forecast)2025: 23% growth to $665 billion (slightly lowered from 24%)Multifamily Sector Adjustments2023: $246 billion (49% drop from 2022)2024: 21% growth to $297 billion2025: 31% growth to $390 billionMarket FactorsRecent moderation in interest ratesSignificant number of loans maturing soonProperty owners hesitant, hoping for further rate decreasesUncertainty persists in the market, particularly regarding interest rates and property owner behavior.

I think the issue is the stress on certain sectors of housing.

As we progress through 2024, commercial real estate shows a mixed landscape influenced by economic factors like inflation and labor market shifts.Office PropertiesThe office sector remains strained, with vacancy rates at a record high of 13.8% in July.

I'm in the retail sector, primarily value-add product with a great location but poorer performance than the market average.

I could go on for another 10 chapters, but suffice it to say very, very few investors (on this forum or others) have any idea the demographics and challenges of this investment sector or the reality of what it's like to live in these conditions and economics.