Some people ask me, “Why are you so involved in political discussions?” Then, there are others who are far more critical of my involvement in political discussion (including my own son). And, there are yet others who are also in the real estate industry, who warn me, “You’re going to alienate potential clients by talking [...]
Most people would agree, that we’re living in extraordinary times. Having been a real estate professional since 1971, I’ve lived through some of the wildest gyrating business cycles since the end of World War II, and I can tell you, first hand, the present economic situation is far and away the most dangerous I’ve ever [...]
If you’re like me, you get upward of 500 emails every day. Once upon a time, I used to hate getting so many emails, because of all the Spam (junk email), such as the countless offers of “Genuine Viagra” (don’t these people know who their sending this too?), offers to buy an MBA or PhD, [...]
There are few things in life that, to me, are less complicated than basic economics, understanding human behavior, and estimating the value of the property rights associated with a parcel of real estate. That’s because, they’re each based on common sense interpretations of everyday events in life.
Let’s take a common-sense example in economics: When there [...]
Over the last several decades, I’ve had countless debates with numerous people in the appraisal industry about how many different valuation methods, or “approaches” are appropriate for use in a single appraisal assignment of one property being used for a single purpose (such as a multi-tenant retail strip being used as such). And, I just [...]
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