Weely Real Estate News
Elon Musk Blamed for Goldman Sachs’ CRE Woes
Musk stopped paying rent for the Twitter offices in November. The post Elon Musk Blamed for Goldman Sachs’ CRE Woes appeared first on Weekly Real Estate News.
Elon Musk
Investing
Elon Musk Says Home Prices Will Plummet — But This Type of Real Estate is Practically Minting Money for Investors
Elon Musk wears a lot of different hats. He’s best known as the CEO of Tesla. Musk is the founder of SpaceX and The Boring Company as well as the co-founder of Neuralink. He owns Twitter, […]
Housing Wire
Elon Musk Sends Dire Warning to Homebuyers And Homeowners Worldwide
He does not budge, even as some economic data indicate that the economy is likely to escape recession. For Elon Musk, the entrepreneur behind at least five companies — Tesla, SpaceX, Twitter, Neuralink and Boring Co. […]
Weely Real Estate News
Elon Musk Rebuked by Redfin’s CEO Over ‘Melting Down Fast’ Tweet on Home Values
“Inventory is at roughly two thirds the levels it was pre-pandemic,” Kelman said. The post Elon Musk Rebuked by Redfin’s CEO Over ‘Melting Down Fast’ Tweet on Home Values appeared first on Weekly Real Estate […]
Housing
Elon Musk Warns Homeowners About the Value of Their Homes
For several weeks Elon Musk has been joining the voices of Cassandra, who foresee a real estate bubble bursting. He regularly alerts that the situation in the sector is deteriorating. For now, it’s commercial real […]
Weely Real Estate News
Elon Musk Predicts Home Values Will Soon Be ‘Melting Down Fast’
Musk began to jettison his residential real estate holdings in May 2020. The post Elon Musk Predicts Home Values Will Soon Be ‘Melting Down Fast’ appeared first on Weekly Real Estate News.
Commercial Real Estate
Elon Musk warns house prices are set to plunge – and says commercial real estate is in meltdown
Brace for the intense pressure on commercial real estate to spread to house prices, Elon Musk says. “Commercial real estate is melting down fast. Home values next,” the tech billionaire tweeted. Investors are worried about […]
Economy
Elon Musk says Twitter is roughly breaking even, has 1,500 employees
April 12 (Reuters) – Twitter Inc CEO Elon Musk said on Wednesday the social media company is “roughly breaking even,” as most of its advertisers have returned and its aggressive cost-cutting efforts have started bearing […]
Housing Wire
Rise above the panic, for the housing market’s sake
Elon Musk recently took to Twitter in response to the Kobeissi Letter, a reputable authority on market commentary. The original post made note of the fact that in the next five years, more than $2.5 […]
Commercial Real Estate
Elon Musk says the state of the commercial real estate debt market is ‘by far the most serious looming issue’
Of all the economy’s looming threats, Elon Musk says the state of the commercial real estate debt market is “by far the most serious.” On Sunday, the Kobeissi Letter, a newsletter focused on global capital markets, tweeted that over […]