In this session Patrick will review the overall economic climate, tariffs and the recently passed Big Beautiful Bill as they apply to various real estate sectors for both residential and commercial land uses. For residential investors, what needs to happen for the for-sale housing market to rebound? How are reduced sales and low affordability impacting the rental market? For commercial investors, what are the opportunities in various non-residential sectors? When might we expect some interest rate relief from the Federal Reserve, how does it see tariffs impacting inflation, and what could that mean for real estate investors?