If you ask the average American, AI is taking over, as are the headlines warning that it’s coming for our jobs. Open LinkedIn, and you’ll see stories about chatbots replacing employees, hiring freezes, and departments being downsized. But when you dig into the actual data, it’s murky at best. So, what’s really happening, and how should real estate investors prepare? On one hand, unemployment remains relatively low, and layoffs aren’t surging across the U.S.—not yet at least. In fact, many economists are still projecting positive job growth in the short term. On the other hand, you have growing concerns among what seems like most American workers. Fear about job displacement. Career uncertainty. The pressure to stay employable. Then there’s the trickle-down impact on the housing market. Rising unemployment affects the biggest renter demographic in the nation. Do real estate investors need to temper expectations for rental demand and rent growth for the foreseeable future? Does “conservative” investment analysis need to go to another level? We’re breaking it all down, plus much more, on today’s show. Click here to listen on Apple Podcasts. Listen to the Podcast Here Read the Transcri...
Workers Are Feeling the AI Squeeze: How It Could Define the Next Housing Cycle
2 months ago
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