‘Commercial Real Estate Is Melting Down Fast’: Elon Musk Warns Home Prices Will Be The Next To Crash — Yet One Property Type Could Prove Resilient – Ventas (NYSE:VTR), Healthcare Realty Trust (NYSE:HR)
As a serial entrepreneur who co-founded Tesla Inc., revolutionized the electric car industry and is sending rockets into space, Elon Musk isn’t known for being a real estate guru. But lately, the billionaire has been sounding the alarm for the sector. “Commercial real estate is melting down fast,” Musk said in a recent tweet. “Home values next.”
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