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Without the rate cut the real estate is stuck. Seems nothing’s moving on the market these days because it’s unaffordable with the current interest rates.
Real Estate mixed bag.. I don’t think purely Fed rate cut will make it boom
Housing may not pick up even after rate cuts - With job uncertainty no one willing to get into mortgage
Office/ Commercial - Died thanks to hybrid / remote , there is already lot of vacant office space
Clean energy projects was booming with lot of jobs and poor until trump killed it recently
Data center construction- super Booming but most of them specialist jobs , not many MBAs required
Healthcare Construction - always stable
Hospitality construction down - Tourism and visa impact
Public infrastructure- Stable but most MBA jobs goes to US citizens
One bright spot
Logistics !
I was working on student housing project for University of Florida it was supposed to start in June got pushed to 2026 because of tariff on materials and student visa stemmed demand
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Agree, Investment Banking can be very susceptible because number of deals will decline but big banks like JP and Goldman are well diversified against recession
Everyone thought there will be M&A boom in 2025 that never happened