“The only constant is change, everything else is a variable” Heraclitus, 535 BC. The mantra above is one of my favourite quotes which I have referenced throughout my real estate career. In that time, I have seen changes in occupier behaviour, changes in leases, changes in building techniques,...
The Professor
Our professorial contributors illuminate the latest academic research in real estate and economic policy
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The Professor
Does specialism in real estate pay?
One of the eternal questions posed in the canon of real estate academic literature is whether specialism pays, and if so, for who? In the case of Principals this would be defined...
The Professor
Valuations and Write-Downs: Notes from a recent private meeting of USA real estate investors, thinkers and operators
Background: The Hoyt Institute is an invite only think tank based in North Palm Beach, Florida, where industry research leaders and academics partake in a few days of in-depth...
The Professor
Britain is not as broken as everyone seems to think
According to many politicians and commentators, the UK is in a very sorry state. Ahead of the general election expected this year, Labour leader Keir Starmer has...
The Professor
Do you want to live forever?
Two books have come out in the last few years that seem especially relevant to those baby boomers now experiencing a variety of ailments correlated with age: dementia,...
The Professor
The wasteful cruelty of “Stakeholder Capital”
Capitalism has raised millions, if not billions, of people out of poverty. It is the greatest engine of human flourishing that has ever existed. It is worth defending, but those...
The Professor
How to make money from electric vehicles
The real estate industry is on the verge of significant infrastructure improvements, driven by the rise of electric vehicles (EVs) and the U.S. government's commitment to phasing...
The Economist
Global Inflation Heat Maps October/November 2023Premium
This article is part of our Premium Content Stream, a new Property Chronicle initiative to bring you additional high quality analysis of multiple asset classes. It is currently...
The Professor
How to trade house prices
In 1988 Michael Sklarz and I published a paper called “It’s Time for Some Options in Real Estate.” In 1995 David Geltner and I suggested that we needed a fourth asset class,...
The Professor
Fighting climate change
The politics, economics and tech. We inhabit a world where a distorted perception persists regarding the relationship between the value and expense of initiatives aimed at...