Welcome Home, Millennials!

In a recent Wall Street Journal article, Boston Properties Inc. Executive VP Raymond Ritchey pointed out, “...The millennial generation [is] moving out of the cities, forming households, having children, looking for better schools and that's going to drive rate demand in the suburbs.” Want to know how to predict the future? Follow the hype and say the opposite [...]

By |2017-07-21T09:10:05-04:00July 21st, 2017|Children, Demographics, Education, Future, Humor, Land, News, Stress, Trends|Comments Off on Welcome Home, Millennials!

Deconstructing Depreciation Part II

Last week we discussed physical depreciation. This week we will focus on the other components of depreciation: functional and external. Functional depreciation, sometimes called functional obsolescence, addresses inadequacies or superadequacies within the property. Here's an easy example. Compare a house built in 1914 to a house built in 2014. Here are some of the differences [...]

By |2014-08-14T11:50:32-04:00August 14th, 2014|Depreciation, Humor, Land, Real Estate, Terminology, Value|Comments Off on Deconstructing Depreciation Part II
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