Whether due to geopolitical tensions, the rise of AI, a crazier climate, or the global trading system diversifying away from the status quo, every single land use could be impacted in the years ahead. In this session, Patrick will review these significant externalities and their potential impacts on major residential and commercial real estate sectors. What is the housing market outlook? What looks good for commercial real estate investors, and what looks risky? What should we expect from the next Federal Reserve Chair in managing the Fed’s dual mandate of maximum employment and stable prices?