News

Landmark Links – Merry Christmas (and a Happy New Year)

Landmark Links is going to be taking a bit of a break the last couple of weeks of 2017 with Christmas and New Year’s coming up.  If anything truly fascinating happens I’ll probably end up posting something (Bitcoin going to $50k… or $0, something unforeseen in the tax bill or an all-time great Florida crime […]

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Landmark Links December 15th – Back Up the Truck

Lead Story….  I’m fairly certain that cocktail party investment banter has been a thing for as long as cocktail parties have.  Around ninety percent of the time it’s fairly innocuous and not all that focused on any one asset class in particular – “so and so put his kid through college by investing in Apple […]

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Landmark Links December 12th – Schadenfreude

Lead Story…. If I were asked to create the ideal commercial real estate investment vehicle for the general public, it would be transparently priced, have a strong liquidity profile and a low fee structure.  The non-traded REIT, which is basically everything that I wrote in the preceding sentence, just the opposite is possibly the worst […]

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Landmark Links December 8th – Scare Tactics

Lead Story… Pretty much every major industry group in the US today has some sort of advocacy arm that puts out PR statements on it’s behalf.  These statements often run the spectrum from self-serving at best to disingenuous at worst.  The National Association of Realtors is no different and has built one of the most […]

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Landmark Links December 5th – Plant Lives Matter

Lead Story… Every now and then I come an article that perfectly encapsulates the absurdity of today’s land use politics – especially in California – and their toxic influence on the housing affordability crisis.  Conor Dougherty of the New York Times wrote one such article last week (h/t Senet Bischoff).  The story was about an […]

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Landmark Links December 1st – Pump You Up

Lead Story…. Over the past few months, I’ve written several times about how restaurants have come to be viewed as a savior of American retail.  I’ve also pointed out why I think this will end poorly as restaurants are getting overbuilt and facing labor and rental cost pressures in addition to pressures from delivery apps […]

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