Discounted real estate debt 'the biggest opportunity over the next 2 or 3 years': David Rubenstein

David Rubenstein, The Carlyle Group co-founder and co-chairman, joins 'Squawk Box' to discuss the market trends, the Fed's rate hike campaign, commercial real estate, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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[@joesphcu8975]

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

[@alexyoung3126]

Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge.

[@lawerencemiller9720]

It all depends on how long you're willing to hold for, stocks might likely tank further, but making serious gains in this downtrend wouldn't be a problem if you're a pro.

[@johnlennon232]

Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.

[@kimyoung8414]

That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind suggesting the brokerage adviser you're using `

[@johnlennon232]

”Helene Claire Johnson” is the lady's name. I first saw her on a CNBC report, then on Smart Advisors, and immediately looked her up on the internet; it was the best decision I've made to stay afloat in these crazy times. She has been outstanding.

[@Erinmills98]

Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

[@AstaKristjan]

Big moving stochastics are not the secret to high returns. It involves controlling risk in relation to reward. Putting on the proper size and spinning your edge as many times as required to achieve your objective. That is valid for both day trading and long-term investments.

[@simonbad]

@@IrenaDolinsek Who is your financial coach, do you mind hooking me up?

[@simonbad]

@@IrenaDolinsek I did check her out, I see why you said she's probably booked up, her creds/resumé is topnotch. I booked a consultation with her regardles...

[@stephaniestella213]

The effects of the downturn are beginning to sink in. People are being impacted by the long-term decline in property prices and the housing market. I recently sold my house in the Sacramento area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy, or not?

[@alexyoung3126]

Stocks with yields that outperform the market should be on your radar, as should shares that at least lag the market over the long term. But if you want a long-term strategy that works, I advise you to consult a broker or financial advisor.

[@joesphcu8975]

Don't depend your market assessments and decisions on hearsay and rumors; I did it in 2020 and ended up with worthless market holdings. Before I started noticing any notable improvements in my portfolio, Helene and I had to completely rebuild it. I've been using the same advisor ever then, and in just two years I've scaled up to $876k. Depending on where you look, a bullish or down market might both produce good profits.

[@jessicamoore3093]

Thats a good one. I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market. Could this coach that guides you help?

[@joesphcu8975]

My Financial Consultant is Lisa Angelique Abel. I found her on a Kiyosaki interview where she was featured and reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can run a quick online search with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.

[@jessicamoore3093]

Thanks, I just googled her and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

[@mikemcnamarafilm]

"The conventional wisdom is always wrong. I'm going with the conventional wisdom."

[@movingtomaryland]

😂

[@maedux]

Yes, it makes perfect sense because that's the best knowledge available. It's like how it is said that forecasts are always wrong. Yet everyone makes plans based on forecasts.

[@objectivethinker3225]

San Francisco doesn't have a PR problem, it has policy problems.

[@williamvea4418]

@@The_Internet_Is_Overrated covid restrictions, gas taxes, weak crime reform incl. the release of state prisoners, wasted $ for homeless, etc

[@artbank1847]

@@The_Internet_Is_Overrated You can't force drug addicts to work. No amount of money will fix it.

[@augustaj4080]

The greater the passive income you can build, the freer you will become. Taking the first step is the hardest, but 7 houses later living off passive income. You’ve got to start taking steps to achieve your goal.

[@ameliaemerson2250]

What kind of investment would you advise? And what is the best way to follow it?

[@augustaj4080]

All passive income ideas work as long as you put the work in. I focus more on cryptos, NFTs, real estate crowdfunding and IDOs. With the assistance of a financial consultant, I’m doing well for myself.

[@ameliaemerson2250]

Thanks for your response but how do I get access to your financial consultant? Can you share more info about him/her if you don’t mind.

[@augustaj4080]

​@@ameliaemerson2250You can make a quick internet research with her name *Olivia Charlotte Oswald.* The rest of the information is there for you to read and get in touch.

[@noahgunter9080]

Wow!!! I know Olivia and I have been growing with her. Her expertise has been the best for my financial journey. I have created a passive income over the years and life feels really better and easy for me. I feel so delighted to read these good reviews about her

[@fredm.2699]

Bots: I made $1 billion dollars with Ms. Kathy today. Thanks Ms. Kathy! She is legit.

[@ihmpall]

Was it using shibass coin ?

[@TurdFergusen]

I only listen to bots and I feel like youre not a bot… UNFRIENDED.

[@CaptureCat88]

How can I get in touch with this Ms. Kathy? I just found her on Google and I am impressed with her qualifications. Thank you for this recommendation! I just turned $5 into $80 million.

[@GTRrocker84]

Ms. Kathy doesn’t have a gag reflex and now because of her neither does my portfolio!

[@arigutman]

Love the insights David always delivers through on, major trouble coming in at the end of 2023!

[@williamyejun8508]

For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.

[@jamescomb1170]

I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

[@jameswood9772]

Given current recession pressures, it is unlikely that the stock will yield substantial returns in the near term. However, it may be a suitable investment opportunity. I will monitor market conditions and consider purchasing when there is an improvement in the relevant economic indicators, any idea which stocks this may be?

[@jessicamoore3093]

​@zahairobrian671 Thats quite Impressive! can you share more info?

[@jessicamoore3093]

thank you so much for this tip! Finding your coach was a breeze and I was really impressed with all the research I did on her credentials before scheduling a call. It's clear from her résumé that she's extremely knowledgeable and skilled, and I'm so excited to have the chance to talk to her!

[@Newamericanfunding]

Very insightful information!

[@mfer134]

"We're not even thinking about thinking about increasing interest rates".

[@felipefelix5999]

Great video

[@Pola509]

For all the newbies.....It's not timing the market, but time in the market. Read that again.....

[@Fusion10xx]

Outside of a unpredictable event why would the Fed ever look to lower rates? I guess what I'm asking is why would anyone assume that lower rates is where the people running the economy want them to go?

[@jordanbertagnolli7388]

California has 39m people. If 1% move to farms that is 392k people. That is going to be huge for the farm areas but a barely noticeable loss for the cities.

[@Seegie16]

Why would the market anicipate a cut? The market seems to think the economy is strong. Since when doe the fed cut without a problem happening?

[@jason412673]

Tank it all. I want a buyers market to add to my assets.

[@mattherzberg991]

Lmao he says it’s best to buy during periods of turmoil like right now and then he says the current data is really good we don’t see anything wrong in the near future

[@jonathanandrew2909]

He covered all the bases like a real “pro”.

[@sko1beer]

he is the CEO of clueless

[@mingdianli7802]

@@jonathanandrew2909 Perfectly said. They key to being an economic pro is to make sure that, no matter what happens in the economy, you can look back 5 years from now and say that you were correct.

[@NoNo-ng9sl]

Everything looks fine for now bc unemployment hasn't been affected. I can't and won't make a forecast on that, but this will boil down to if unemployment will get to over 5%.

[@SonofSamClemens]

Hes right the cities arent going away, but man it would be cooler if they did.

[@STLT]

Fed does not cut until something happens.

[@chrisginoc]

Bingo. This is what everyone is forgetting. An extremely successful investor client of mine once told me, the FED is always reactionary. They cut after covid came to the U.S. and businesses shut down 👀

[@MillennialRabbi]

We are social animals. As dysfunctional as the streets are and as brutal as real estate prices are here in Manhattan, I think it will always a draw

[@alexgeezy5466]

How do you buy commercial real estate debt in large cities ?

[@jedpittman6739]

carefully. 😂

[@VideoAS1978]

Stop interrupting

[@user-qq5rn8dw1n]

The best

[@reefer772]

You’re wrong sir. Northern California is starting to have more and more convertibles driving around. Soon there will more convertibles than pick up trucks. People are moving to “farms”.

[@jordanbertagnolli7388]

California has 39m people. If 1% move to farms that is 392k people. That is going to be huge for the farm areas but a barely noticeable loss for the cities.

[@mantisman5546]

Just keep changing the definition of a recession and we’ll never be in one

[@markdc1145]

Mr. Rubenstein obviously has not been to San Francisco any time lately. I assure you, if he had, he would not have made the statements he did. It's gone.

[@eric2394]

What’s gone?

[@timx9661]

Believe me, it’s just as bad everywhere. Worse in some cities.

[@Dee-w5y]

Home values will keep decling for years. Purchase no real estate, and hold. This will be just like 2008, but way worse.

[@wumble7829]

Watch out for Opendoor, gonna be huge margins.

[@gjd424]

I’m glad he challenged Rubenstein “PR” statement!

[@Ravencroft81]

How do you invest in discounted real estate debt? Asking for a friend.

[@movingtomaryland]

Sounds like whoever is holding the current debt would have to be REALLY worried to sell at a discount...the rates don't change for the consumer

[@LuxeonIII]

It wasn’t a good time to invest you just lost 5 to 10 percent

[@Dee-w5y]

Real estate values are declining nationally.

[@Somee989]

BAD ADVICE. Worse time to buy is now.

[@artbank1847]

buy a house for 650k that's maybe worth 300k max with over 6 percent interest lol. Yeah, I'll pass.

[@ajrog2559]

I bet he has a long position to offload, hence the recommendation to buy

[@cashmonyz]

people are moving to farms and to texas

[@dade4537]

Easyyyyy moneyyyyy

[@masterstacks2030]

bad take

[@TheNumismatist1812]

You mean what’s driving the markets down?

[@acdsfjhu]

Those sanctuary cities are done! Good luck investing there.

[@sreckohorvat2298]

discounted real estate? where does that exist?

[@movingtomaryland]

Not seeing any discounted real estate here in Maryland! We're still up YoY and no inventory to contribute to declining prices

[@ЙХУХ-ч6и]

yeah, look at concerts and restaurants for clues of recession...

[@Kartel7622]

Lol thought the same thing. He didn't even mention how people are paying for that.... credit. Credit card debt is the highest its ever been

[@movingtomaryland]

A recession may be happening for some people and not others. Technical recession already occurred, but only some are impacted enough to change their livelihood

[@amirkazemi2517]

san francisco PR is poop rain

[@naveenmallikarjuna8509]

My man Andrew Ross Sorkin is Benjamin Button or something

[@ronschuetz4566]

Andrew and Cramer hold CNBC down.

[@julienwater]

Times are strange. Inflation is causing the US dollar to lose purchasing power while also rising in comparison to other currencies and assets. Because individuals are turning to the "safety" of the dollar, the stock market, real estate, cryptocurrency, and precious metals are all falling. Where else could we invest our funds? I can't afford to watch my about $320,000 in savings disappear before my very eyes.

[@stockholmpublishings2937]

not true, the US dollar remains strong.

[@brianoleson9224]

it only took 15 years to get on the other side of this roaring teens people that are 30 years old haven't even experienced a recession gonna be a bust after a rare pandemic bubbles in stocks,housing, bonds . took long enough

[@JenPurple2022]

“When things are troublesome.” The most anticipated recession - not so soon. Discounted real estate debt for sale. Large cities are people like to coming to work and live.

[@tanvic79]

The worst is yet to come. Get out of debt and hoard cash first.

[@georgewbushcenterforintell147]

From experience when u see everybody running for the same door you should look for a window or a another exit . The crowd will panic and trample each other then get stuck in the door with there arms sticking out begging for help while bring crushed from behind you can hear bones cracking . You made the smart choice to go out the window and even parked you car down the street in case of the Carlyle sponsored rock concert went south .

[@randuthayne]

"The most anticipated recession in history, but it hasn't happened." Yeah, once everyone thinks... meh, its not gonna happen...BLAMMO!

[@tombrown8443]

rates will be at north of 7% when everything is said and done😂

[@JW-fh1en]

Younger people do not want to come to big cities to work 🤣😂

[@michellecallaway151]

interesting

[@adamn9450]

I think cities are going away

[@cryptkeeper5346]

Stagflation. This is never going back.

[@jedpittman6739]

you’ll have to do better than that if you want to trap David. 😂

[@angelachanelhuang1651]

America overeducates

[@user-vs3nt8ch2q]

the conventional wisdon didnt even see us where we already are rate-wise

[@angelachanelhuang1651]

I don't want to learn about this stuff to make a living

[@williambrown3102]

Wow.. that maybe a good nominee for worst/most self-serving interview of the day. He maybe correct... 2 or 3 years from now real estate maybe a big opportunity. But between now and then I suspect that his company and a few other are going to see their values drop.

[@artbank1847]

Real estate will never have a big opportunity ever again. That ship has sailed. "2030, you'll own nothing and be happy." Klaus Schwab head of the WEF.

[@edwardallen1195]

Hooie!

[@joostonline5146]

Dump asap on the sheeple, because 2024 is going to be terrible

[@bryantartus]

we have been in a recession for over 2 years.

[@tombrown8443]

Recession? LOL you must be Gen Z. Oh please... Recession is nothing like this, you would know if you went through it.

[@bryantartus]

@@tombrown8443 born 1967 . 7.88 fixed mortgage rates. We're in a recession.

[@jentorninos.ballen9269]

Sa currency nayan sinira kupo ba buhay ninyo bat sira ninyo buhay ko sa cryptocurrency nayan sira buhay ko anu mirom sa pag sira ninyo anu ginawa ko mali na sira buhay ko sa ginawa ninyo lahat ninakawan koba kayo

[@bigmoose143]

He is pitching the Carlyle trash to unload on unsuspecting buyers

[@alannamichellepaulino8429]

Dato america martina paulino dela rosa winner libing dato crisi caribean

[@alannamichellepaulino8429]

50 miyone corte desatibar gogle tuiter

[@eh7599]

This guy said nothing

[@bigbluecrab]

"Buy low, sell high"...Look at any chart. Look at debt rising, especially commercial RE, CC debt, AIrBNB numbers. UK housing..... Buy now?....lol. We are at a weird top with the fuel ( financing ) about to go dry. I wish I could insert a Wile E Coyote rocket bike meme in here....

[@movingtomaryland]

Yeah I'm curious what the catalyst would be for more inventory on the residential side. Everything I'm seeing in Maryland is indicating prices continuing to rise

[@B_M]

I will pay your RENT / MORTGAGE, so simply put, money in that sense is no object. Would you rather live in San Francisco, or BFE Texas, Alabama, Oklahoma, Tennessee, Dakotas etc?

[@STLT]

Wish these guys at CNBC would learn they are not that interesting..the guest is.

[@SimbolicProductions]

Well this guest sucked

[@BillyReplies]

I want to invest my money, but I am looking for a way to maximize my personal gains by exploiting the filthy and impoverished lower class and the struggling and spiraling middle class. Where should I put my stacks?

[@angelachanelhuang1651]

ask for advice

[@travisprice1325]

Lol... boomers gonna boom.

[@MPDLR]

And Chipotle Kids gonna text, Insta, Xanax, Prozac, get tattoos, pay interest and late fees...and work forever.

[@qake2021]

😱🇺🇲✌️🙏🙏🙏🙏🙏🙏🙏🤞

[@elvispresley3234]

What an absolute waste of time. This interview is valuable only to show the blindness of Rubenstein. Assets are OVERPRICED period. CR is not just going through a rough patch, it is fundamentally changing. Technology has changed the need to pay high CR rent or mortgages. Sorry guys, you're off on this one.

[@thekongstocks]

Commercial Real Estate companies are going to just roll-over and die? BOSTON PROPERTIES, SL GREEN, VORNADO and/or EPR PROPERTIES aren't adapting or evolving w/ the ever-changing market climate?! Your microscopic pea-brain is telling me that these billion dollar real estate firms and their management team isn't innovative enough to figure-out how to generate income/revenue in an inflationary market w/ rising interest-rates?!? 😅🤣😂 LOLOLOL's #Dumb #Moronic #Imbecile

[@ranjithpowell6791]

Assets are always overpriced

[@movingtomaryland]

Yes CR is in a major shift. Residential is still trending with inflation and demand is high

[@The3rdTower]

This guest is just another old man with old ideas.

[@user-qq5rn8dw1n]

That’s why he is worth $3 billion

[@The3rdTower]

@@user-qq5rn8dw1n , then use his ideas and see if it will still work today. Good luck.

[@alannamichellepaulino8429]

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