An insightful episode where Mike introduced the Interstate Medical Licensure Compact, which aims to simplify the process for doctors to obtain medical licenses across state lines. He also shared some interesting insights on the recent revisions to the unemployment numbers by the Bureau of Labor Statistics and how they could potentially impact the Federal Reserve’s view on the economy.
Lastly, he shed light on the impact of housing costs, especially rent, on inflation and offered advice against basing real estate deals on expected rate changes.
What you’ll learn from this episode
- Interstate Medical Licensure Compact (IMLCC) and its role in simplifying the process for doctors to obtain medical licenses across state lines, reducing the need for multiple applications.
- The potential impact of revised unemployment numbers on the Federal Reserve’s view on the economy, leading to discussions on potential rate cuts.
- The influence of technology on the retail sector and its impact on foot traffic, particularly with the rise of mission-driven shopping and increased competition from dollar stores.
- The return to office and its influence on the real estate market.
- Lower midweek occupancy rates and the resulting pressure in the office market.
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