{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Commercial Real Estate Investment Conference Podcast (CREIC)","title":"Why Rent Gets Paid First When Retail Gets Cut","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/61dba1f1\"></iframe>","width":"100%","height":180,"duration":358,"description":"Core retail sales slipped 0.2% in July while online spending dropped 2.3%, but Dollar Tree traffic jumped 4.8% year-over-year and Dollar General rose 1.9%. At the same time, on-time rent payments for independently owned units hit 83.2% in August, the strongest annual gain since May 2023. This episode connects the two data points into one story: the American household is not collapsing, it is rerouting. Rent first. Essentials second. Discretion last. The question for investors is which side of that reroute your portfolio is on.","thumbnail_url":"https://img.transistorcdn.com/PkdcFoklt6Pt1rv3cF5LhC5NMbLiO82QPyaLOkUVqc8/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lOTZm/YmE3MTkwMDcyMGI2/ZTZiOGE3MmYzZThk/ZjE3Ni5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}