I go to auctions (almost) every weekend. The first bid is usually the lender. In many auctions, the next bid is $10-20k higher. After that, people tend to bid in either $1,000 or $10,000 increments. I don’t think this is a good strategy and it might just cost you money. Your goal is to pay […]
Some thoughts on bidding in auctions Read More »
JUST IN: Two San Francisco office buildings bought for $949M in 2019, have been marked down to zero Market Center and 111 Sutter were acquired by Paramount Group for $722M and $227M, respectively The owner said on an earnings call that they are in negotiations w/ lenders, but… pic.twitter.com/DExPIskxWu — Triple Net Investor (@TripleNetInvest) March
San Francisco buildings’ equity => 0 Read More »
In this analysis, I explore the historical trends in household formation and compare them with annual housing completions to assess their impact on the current housing shortage. The change in households was gathered from data from three different surveys: The supply of housing units was collected from FRED data for Total Households and New Privately-Owned
Housing Shortage, Part 2 Read More »
This is the beginning of a series investigating housing supply and demand. To start, let’s take a top-down view on the relationship between the change in population and the amount of new housing completed each year. The population data source is the World Bank: “Total population is based on the de facto definition of population,