Centuries are a bit like late-blooming teenagers; they don’t really develop their full character until their mid-twenties. The electric, modern age of the 20th century didn’t dominate the zeitgeist until the “roaring twenties”, while the first 14 years had seemed more like an Edwardian...
The Professor
Our professorial contributors illuminate the latest academic research in real estate and economic policy
LATEST ARTICLES
The Professor
Nobel Laureate in Literature 2021: Abdulrazak Gurnah
“But what’s it about?” The common question that haunts many writers is one where their audience wants an incredibly complex creation like a novel reduced to a few – sometimes...
The Professor
Has the Bank of England overdone it?
On 11 May, the Bank’s Monetary Policy Committee raised Bank Rate to 4.5%, a level last observed in October 2008. Since November last year, the Bank has also been reversing its...
The Professor
Bank lending and property values
The consequences of cyclical lending and the need for a new prudent framework. I remember in the mid-to-late 1980s, when I was a relatively young, newly qualified valuation...
The Professor
Competition, Virtue, and the PGA-LIV Saga
Golf is a sport enjoyed by millions of people each and every weekend. What’s more, many people enjoy playing in a litany of different formats: Sixes, Nassau, Vegas, and...
The Professor
The future has not been written
The following piece was created by the AI model “BabbleCPD,” prompted to create an article written by a grumpy old professor, out-of-touch with technology and society. Its chosen...
The Professor
A tribute to Harry Markowitz
On June 22, 2023, Nobel Prize winner Harry Markowitz, PhD father of modern portfolio theory died at age 95. In 1952, Markowitz published a paper titled "Portfolio Selection" in...
The Professor
The collapse of the USSR was one of the best things that happened to the environment
If you read economic histories of the Soviet Union, you will find that what little “private” sector was allowed was in farming. Small private plots that accounted for 3 percent...
The Professor
The Future of Real Estate Tokenization Written for Cynics and Thought Leaders
This discussion could be called “Real Estate Tokenization 2.0 or 3.0” parallel to the evolution we witnessed in the CMBS market some years ago. We remain in the PropTech era of...
The Professor
The emergence of stranded assets
Each year the Oxford English Dictionary chooses a word/phrase of the year which has emerged into the public consciousness and common usage. Last year it was “Goblin mode”. The...