739: You Can’t Time The Market, No One Knows The Bottom Until After The Fact

Despite challenges, the U.S. is still an economic behemoth with extraoridnaty productivity and innovation. Over time, both the stock market and Real Estate have ridden out downturns and performed and created massive wealth. That’s why you need to stay active and hold for long periods of time. Five years or less is often not enough time to expect execution of a business plan. Peter Linneman, Principal of Linneman Associates, is a prolific multi-decade investor and founder of Wharton's Real Estate Department and the Zell-Lurie Real Estate Center. Peter Is bullish on Multifamily, despite short term headwinds in many markets.