| It's the last thing hopeful real estate investors wanted to hear this week: Interest rates are staying higher for longer. For the sixth consecutive meeting, Federal Reserve officials said they would hold rates steady after higher-than-expected inflation data. That's pushing mortgage rates higher, leaving large swaths of the property market in suspended animation. Still, experts say there is money to be made in real estate, and I've got the scoop on how to do just that. But first… Three things to know: ...and back to today's real estate market. Every year I poll a handful of the country's real estate experts and ask them where they think the everyday person should invest in property. Their suggestions are often colorful and timely, reflecting the latest trends, market realities and risks. With commercial property under pressure and the market for single-family homes still largely frozen, this year was no exception. Recommendations in the latest installment of our Where to Invest in Real Estate series spanned multifamily apartment buildings, land, student housing, office REITs and even wineries. Brennen Degner, chief executive officer and co-founder of DB Capital, said we're in a "perfect storm" for investing in multifamily housing. His firm is looking for apartment buildings where there is a landlord-friendly environment but a high barrier to entry. Then, with the stress in office spaces after the rise in remote working, Janus Henderson Investors's Greg Kuhl said he see opportunities in public real estate investment trusts (REITs). In his view, these are trading at a 30% to 50% discount to private ("non-traded") REITs. The mismatch could present a huge opportunity, if the narrative around offices begins to change. Kate Kaminski, chief operating officer at Walton Global, made the case for betting on housing by buying land, while Blue Vista's Peter Stelian argued for student housing. And what about those wineries? Being a real asset, real estate tends to bring out personal passions. So I also asked the experts where they would invest in a fun — but still lucrative — project. One executive told me she'd buy a winery, while others mentioned heli-ski lodges, driving ranges and escape homes. Take a look at the piece to see if it gives you any inspiration, either for your real portfolio or real estate fantasy play. — Charlie Wells Send questions about your own financial decisions to bbgwealth@bloomberg.net. This week we're looking to speak with individual investors who have put money into private equity. Is that you, or someone you know? Some of our best journalism at Bloomberg Wealth comes from your own stories and we'd love to hear from you, your friends or clients. Please email bbgwealth@bloomberg.net to share. We may contact you if the story goes ahead. What should a parent do if supporting their adult children is threatening their retirement plans? Kristy Jiayi Xu, founder of Global Wealth Harbor in Walnut Creek, California, writes: When prioritizing your financial goals, your retirement goals always come before supporting your adult children. Of course, there will be exceptions, like in the case of an emergency or if there's a specific reason. Remember, some adult children will need help their entire lives, due to disabilities or other reason beyond their control. Empathy is important here! But absent these factors, parents should stop supporting their grown children, if they find they have no financial resources left. Without your help, your adult children will still be able to find many ways to live their lives. But without your retirement funds, you do not have a lot of options left after you retire. On the other hand, if you analyze your financial plan and find you have extra resources left to help your children, you should have a predetermined plan and communicate it clearly. Such plans might include fixed dollar amount support per month or year, or a family loan. A solid plan will not only help prevent you from over-giving and hurting your retirement, but will also encourage your children to eventually achieve financial independence by learning to plan for their own finances instead of asking you whenever they have a financial need.
 The Viking Sea, an ocean-going cruise ship, passes along the River Thames in London. Photographer: Chris Ratcliffe/Bloomberg | 
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