Retail Retreats, Self Storage Growth, and Offices Going Residential - 211
Episode 211
This week on GoodLife Housing Partners Podcast — From a million-job labor revision to Vegas hotel rate spikes, mall shake-ups, David and Rohan break down another wild week of markets, real estate, and lifestyle shifts.
- Jobs Revision Shock – Nearly 900,000 jobs were quietly erased in a labor report update. With PPI and CPI also coming in softer, does this force the Fed into a 50-basis-point cut?
- Vegas Hotel Frenzy – Budget properties like Excalibur hitting $450 a night during fight weekend — what does it say about consumer demand?
- Retail Retreat – Nordstrom closes at Santa Monica Place after 15 years, while Dillard’s bucks the trend by buying its own malls.
- Texas Storage Surge – Houston, Dallas, San Antonio, and Austin lead the nation not just in new apartments, but in millions of square feet of new self-storage.
- Office to Resi Pivot – Manhattan office landlord Vornado puts $350M into 475 apartments across from Penn Station, accelerating a strategic shift away from offices.
- Co-Working Collapse – NeueHouse shutters abruptly, leaving members stranded and employees out of work within 48 hours.
Tune in now for Episode 211 — labor shocks, Fed cuts, retail shake-ups, and lifestyle trends reshaping the market.
Published on 1 week ago