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Morgan Stanley — “Climate Will Be A Key Driver Of Asset Prices In The Months And Years Ahead”

Summary:
Anecdotally, several acquaintances have altered their view of future real estate prices and prospects, affecting their decisions on RE purchases and sales to reduce risk in view of expected or demonstrated location exposure. A very small sample, but it seems this could already be happening. If so, this is where the rubber hits the road.Zero HedgeMorgan Stanley: "Climate Will Be A Key Driver Of Asset Prices In The Months And Years Ahead" Tyler Durden

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Anecdotally, several acquaintances have altered their view of future real estate prices and prospects, affecting their decisions on RE purchases and sales to reduce risk in view of expected or demonstrated location exposure. A very small sample, but it seems this could already be happening.

If so, this is where the rubber hits the road.

Zero Hedge
Morgan Stanley: "Climate Will Be A Key Driver Of Asset Prices In The Months And Years Ahead"
Tyler Durden

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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