Who owns words? If words are mine, can they be yours, too? In a sense, language has to be “ours,” a shared resource that all can use. What about ideas? Ideas are, after all, often expressed in words. But ideas are a particular sequence of words; an “idea” is a new sequence of...
The Professor
Our professorial contributors illuminate the latest academic research in real estate and economic policy
LATEST ARTICLES
The Professor
Contra Nicholas Kristof, presidential ink will never ‘scrub’ away poverty
Nicholas Kristof is elated. Of course, there lies the problem with elation found in the overly emotional. It’s not always grounded in reality. To see why, consider what has...
The Professor
The performance of Pacific Rim build-to-rent
The prevailing build-to-rent (BTR) model has been seen in various jurisdictions across the US, UK, Canada, Japan, Australia and Singapore in recent years. This unique format has...
The Professor
The iceman cometh not
During the early 20th century, ‘natural’ ice was in decline. ‘Artificial’ or ‘manufactured’ ice was taking its place. Men continued to carve ice out of ponds and lakes during the...
The Professor
Your real estate qualifications may just have become more valuable
Private real estate partnerships tend to outperform institutional real estate investments by a significant margin for several reasons. First, they include a greater proportion of...
The Professor
Escape hatches: migration, bitcoin and the ability to get out
For decades, those of us sceptical of our central banks’ monetary experiments have tried to punish them for their excesses – rein them in, have them follow a stated rule, or at...
The Professor
Working from home – the German experience
This article was originally published in September 2020. Around 15 million people work in around 410 million m² of office space in Germany. Although many people used to work...
The Professor
The difference between copper and cucumbers
David Attenborough, a well-known BBC film presenter and climate activist, has a fantastic quote about growth and economists. It’s so captivating that I suspect it lies at the...
The Professor
Fair and square: why the quadrant model works
This integrated approach offers a handy way to tailor risk/return solutions in the current market. Back in 2003, Susan Hudson-Wilson, Frank Fabozzi and Jacques Gordon wrote an...
The Professor
US real estate market cycles, 4Q2020
A physical market cycle analysis of four property typesacross 54 metropolitan statistical areas (MSAs) for 4Q2020. GDP ended 2020 at a negative -3.5% annual growth rate, after...