I’m getting mine in the form of higher coupons on my debt investments

Makes perfect sense in an allocator industrial complex that generates hundreds of billions of dollars of compensation to layers of intermediaries, none of whom are incentivized to care what ultimate returns are let alone what price is along the way, and beneficiaries with limited agency/knowledge

No, nuclear blocked

You know who we never hear about anymore is Hope Hicks

Lol is that real damn

You’re saying the authors are not bullish enough

Nothing, he’s going to be around for a long ti

Think backwards still. just get big enough because desirable for everything else that they can support a team. Austin no team. Vegas got a team imho because they hit critical mass and growing for cheap housing, nobody is moving from nyc to sunbelt because of teams. SD lost a team, 10 people cared

Same as Host paid for the 1 Hotel Central Park lmao what a stupid clusterfuck (note: yes, I will port over identical comments, I have no shame)

Sounds like an Argus assumption vs reality, which is also why so many are losing their shirts in office right now. garbage in foreclosure out

It’s literally pointless (everything)

Do you know how much capex and re-leasing costs?

#neverinvest

Walmart fights gonna be lit this year

Today, it will be the price of everything but oil

In fairness, I don’t think it’s just a storage thing, I’ll make a longer form at some point but basically I think the entire cre complex might be off 150bps+ due to confluence of poor flows profile plus underpriced risk that rates stay/go higher over next 5 years plus slowing growth