Longtime readers know that I am constantly wondering about, worried about, and in some cases, excited about future regulation of residential real estate. This is already a heavily regulated industry, but until there is some kind of an unexpected libertarian moment in American politics, there could always be more and different regulation. The immediate aftermath … Read more
The Blockchain and Real Estate series continues with a conversation with the CEO and Founder of Propy, Natalia Karanayeva, and the Chief Revenue Officer of Propy, Joe Budelli. Fair Warning: This conversation is filled with rather technical topics about blockchain technology, smart contracts, Ethereum blockchain, layer-2 scaling, transaction fees, stablecoins, DeFi and its impact, etc. … Read more
Last week, I saw something that is not an uncommon sight here in Las Vegas. This was parked outside my office building. That is a 2021 Lamborghini Urus (it had paper plates still on it). This is a car which starts at $222K but with options and such, it’s normally for sale around $300K. I … Read more
This is the first of my Blockchain and Real Estate investigation series. I hope to conduct a number of these as this new technology seems to be much talked about in the world of finance and computing. I’ve written on the topic in the past, but I didn’t see the impact a couple of years … Read more
Early yesterday, a friend sent me an article from The Atlantic, the left-leaning magazine for urban intellectuals, and it’s stayed on my mind. While I kind of agreed with the author’s main point, there was something that just stuck in my mental craw. I fear I won’t be able to sleep unless I get to … Read more
I promised a Part 2 where I would treat the subject of regulation, which I think is the real Big Guns of the upcoming war between the United States and NAR. If you missed Part 1, where I dig into why the US DOJ pulled out of a settlement with NAR (which it has never … Read more
[UPDATE: To celebrate Independence Day, I’ve decided to make this one open to everyone. My VIP subscribers have mostly already read it over the weekend anyhow, and the issue is important enough to the industry as a whole that I thought it an appropriate July Fourth gift of sorts. Yay, ‘Murica!] I was traveling most … Read more
As the country steadily moves towards #RenterNation, the future of brokerage may be in a combined horizontally integrated company that offers services in property management, leasing, and property sales. I speak to Scott Brady, owner of Progressive Property Management, Progressive Association Management and Partners Real Estate Group, and a pioneer in the combined prop. mgtm … Read more
For a variety of reasons, I’ve gotten interested (again) in blockchain technology. The last time I really addressed this was back in August of 2019, when I wrote ShelterZoom, Blockchain and Real Estate. In that post, I think I was rather skeptical, writing: TL;DR: Blockchain might be the future, but it isn’t the present or … Read more