Impending Recession…Good time to go abroad?

Given the expected slowdown in deals over the next 6-24 months, is now a good time to find a REPE role abroad?

Given real estate is largely a regional business, seems fair to say that you should aim to spend time in the market you want to focus on long-term (exception being REPE / LPs in major cities that invest in other regions and capital raising groups). However, if deals are slowing time, is now a good time to transfer to my firm’s London office?

EU pay is typically lower than major US markets, but perhaps going now for a year or two wouldn’t be a career set back. It would be fairly easy to go work in an investment management or GP role.

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