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Brightshore’s Tom Shapiro: Rate Shock Sours Housing as Data Centers Lift Industrial

October 25, 20264 Mins read29
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Mohamed Nohassi For Unsplash+
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Brightshore Capital founder Tom Shapiro told CNBC that a September rate hike and 30-year mortgages near 7.5 percent have soured both the for-sale and rental housing markets, even as data center users are snapping up the firm's newly delivered industrial space.

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