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Well, the total market for Commercial Real Estate in the United States is about $20 Trillion. That's pretty big.
by SketchySeaBeast 3y ago
Well, the total market for Commercial Real Estate in the United States is about $20 Trillion. That's pretty big.
- refurb 3y agoThat’s value of all assets, not just annual GDP of commercial real estate. It’s less than 10% of all US assets ($270T).
- SketchySeaBeast 3y agoPersonally, I think 7.5% of all US assets is a HUGE amount of money and power.
- refurb 3y agoUS residential real estate is worth $43T, so about double. Does that mean home owners have lots of money and power?