November 25, 2009
Over the past 12 months, we’ve participated in a dramatic shift in the online market place in the multi-family industry.
As you can see from the table showing the performance of five top multi-family sites, the share of the top 3 has declined by 1.4 million unique users, or 21%, while the share of the next [...]
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November 9, 2009
If you give people money to buy things, they’ll buy more than if they are using their own money. The less skin in the game, the more risk they will take. That’s the essence of what Yale economist John Geanakoplos calls “leverage cycle” theory. An article in the Wall Street Journal last [...]
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