Did you know that December 3 is an International Day of Persons with Disabilities? ♿ More than 1.15 million Czechs over the age of 15 have some form of disability or challenge that limits their everyday lives.

I spoke about the issue with Tamas Méri, Co-founder and Business Development Director of Access4you, and Tewfik Sabongui, Managing Partner of Colliers Czech Republic. The episode shares numerous insights and best practices for integrating these aspects into business strategy and operations.

This episode features a match-up between two top-tier economists on today's biggest problem: Inflation. Michal Stupavsky (Conseq) says the Czech National Bank could have tackled the problem more aggressively by raising interest rates higher and sooner.

Mark Robinson (Encor Wealth Management) says the inflation earthquake of 2022 has had major consequences. "We have to look at which assets are suffering if you have to plug in a higher cost of capital for the long-run," warns Mark Robinson (Encor Wealth Management). He's talking about he tech sector, private equity and yes -- real estate. "If you've got companies producing their profits in 10 or 20 years time, those profits have to be discounted back to now...so the valuation is lower."

What do you get when you combine falling real estate valuations with higher interest rates and lower LTV in an inflationary environment? You get a commercial property market where big transactions are scarce, and brokers don't know what price to list assets at.

Savills' MD in Prague Stuart Jordan says deal flow will remain slow not because of psychology -- but because the math simply doesn't work for most investors. The deals that are happening, he says, are driven by investors who know exactly what they're looking for.