JF 4182: Tariffs, Wage Growth and the AI Scare Trade with John Chang episode artwork

EPISODE · Feb 15, 2026 · 37 MIN

JF 4182: Tariffs, Wage Growth and the AI Scare Trade with John Chang

from The Best Ever CRE Show · host Joe Fairless

John Chang unpacks massive downward revisions to U.S. job growth and what they signal for commercial real estate. He explains how nearly 900,000 jobs were wiped out through revisions, why government data models are struggling in a post-pandemic economy, and how policy uncertainty and tariffs are weighing on hiring. John also addresses the recent AI-driven Wall Street selloff in brokerage stocks, arguing that fears of automation disrupting CRE brokerage and office demand are overstated. Throughout, he connects labor trends, wage growth, healthcare hiring, and consumer sentiment directly to property performance across sectors. Book your free demo today at bill.com/bestever and get a $100 Amazon gift card. Visit ⁠www.tribevestisc.com⁠ for more info. Try QUO for free PLUS get 20% off your first 6 months when you go to quo.com/BESTEVER  Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It’s free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at⁠ ⁠⁠⁠www.bestevercommunity.com⁠⁠ Podcast production done by⁠ ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

John Chang unpacks massive downward revisions to U.S. job growth and what they signal for commercial real estate. He explains how nearly 900,000 jobs were wiped out through revisions, why government data models are struggling in a post-pandemic economy, and how policy uncertainty and tariffs are weighing on hiring. John also addresses the recent AI-driven Wall Street selloff in brokerage stocks, arguing that fears of automation disrupting CRE brokerage and office demand are overstated. Throughout, he connects labor trends, wage growth, healthcare hiring, and consumer sentiment directly to property performance across sectors. Book your free demo today at bill.com/bestever and get a $100 Amazon gift card. Visit ⁠www.tribevestisc.com⁠ for more info. Try QUO for free PLUS get 20% off your first 6 months when you go to quo.com/BESTEVER  Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It’s free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at⁠ ⁠⁠⁠www.bestevercommunity.com⁠⁠ Podcast production done by⁠ ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

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JF 4182: Tariffs, Wage Growth and the AI Scare Trade with John Chang

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This episode was published on February 15, 2026.

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John Chang unpacks massive downward revisions to U.S. job growth and what they signal for commercial real estate. He explains how nearly 900,000 jobs were wiped out through revisions, why government data models are struggling in a post-pandemic...

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