Why Barry Sternlicht Is Long on Apartments, Rental Homes

The transcript discusses the economic outlook, focusing on interest rates and wage growth. It highlights the potential impact of government programs on the economy, emphasizing the need for fiscal discipline. The speaker shares real estate investment strategies, particularly in multifamily housing and the challenges millennials face in homeownership. The discussion also covers the hotel industry, exploring partnerships with companies like Airbnb and the development of eco-friendly hotels.

What are the implications of a buyer strike in the context of real estate investment?

Discuss the significance of rental housing in the current economic climate as described in the text.