Condensed. Logical.
Principles
Principles on market, price and risk.
A condensed view of market logic and decision-making.
Risk does not disappear. It gets priced in.
Risk Premium
Risk is part of every investment decision.It does not disappear with time.It does not disappear through hope.It does not disappear...
Latest post
Every property has a price. Not every price has a market.
Market
A property can always be assigned a price.That does not mean that this price can be achieved in the market....
Cash flow decides. Use must be economically viable.
Urban Development
Urban development is not only a question of architecture, planning and political objectives.It is also a question of economic viability....Supply decides. Regulation does not replace housing.
Housing Market
The housing market is not stabilised by wishful thinking.It is stabilised by sufficient supply. When housing is scarce, rents rise,...Cities do not stand still. Markets do not either.
New Development
Cities develop continuously.Use, demand, mobility, work and living patterns are changing. New development is therefore more than a structural addition.It...Data instead of opinions. The basis for resilient valuations and investment decisions.
Market Transparency
Real estate valuation requires a resilient data basis.Opinions do not replace market data. Relevant information includes rents, purchase prices, vacancy,...Standards are high. Substance beats story.
Substance
Investment properties do not become marketable through good stories.They become marketable through resilient fundamentals. The market is examining more closely.Capital...Capital is not missing. It is scrutinising more rigorously.
Capital
Capital is still available in the real estate market.It is, however, being deployed more selectively. The market does not have...Bad data remain bad data. AI does not change that.
Data Basis
Artificial intelligence can process data.It can structure large data sets, recognise patterns and make anomalies visible. It does not replace...AI recognises patterns. Resilient valuation requires judgement.
Judgement
Artificial intelligence can process data.It can recognise patterns, make deviations visible and structure information. This can support real estate valuation....A price expectation is not a value. It must withstand scrutiny.
Scrutiny
A price expectation is the starting point of a market assessment.It is not yet a resilient value. Sellers can formulate...
